Is there a waiting period to finalize transfer of ownership in Ohio for a TOD deed in order for creditors to file claims?
CL's answer
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Answered on April 21, 2018
If everything was done properly, the TOD will bypass probate and therefore bypass creditors. However, the TOD deed law changed a couple time after...
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My disabled child will be living with me through adulthood. Can I buy a home and van with part of his settlement?
CL's answer
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Answered on April 21, 2018
Yes, subject to court approval. But if you are trying to understand your rights and his rights, you need to establish a relationship with an...
Are you always subject to Medicaid recovery in Ohio even if you were not unaware of the outstanding bills?
CL's answer
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Answered on April 21, 2018
If the fiduciary was not notified and otherwise had no knowledge of the Medicaid Recovery debt, he will not, as a practical matter, be liable for...
What are the ramifications of not sending Crummey letters to beneficiaries of an irrevocable ins. trust?
CL's answer
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Answered on April 21, 2018
The federal gift and estate tax exemption is now $11.2 million. As a practical matter, the Crummey notices no longer matter in most of the cases in...
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How to stop a forcloser on an inherented home and file probate?
CL's answer
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Answered on April 21, 2018
There would have been no foreclosure notice if the payments were current. If there was no Will, someone needs to apply to be appointed...
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I signed a QCD on a LLC my husband is in, if we leaves his interest to me in his will does the QCD override the will
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CL's answer
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Answered on April 20, 2018
As my colleagues indicate, the quit claim deed was to convey your interest in real estate, not in the LLC itself. So now the LLC owns the real...
Do you need a lawyer to make a codicil or add a beneficiary to a will? I think you need changes witnessed and notarized though?
CL's answer
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Answered on April 20, 2018
In life there are things you can do, and things you should do. You can do a codicil yourself (two disinterested witnesses, but notary not...
When a senior citizen opens new CDs, is it wise to put an additional person on the account?
CL's answer
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Answered on April 19, 2018
It sounds to me like you are trying to cobble together an estate plan with beneficiary designations in order to avoid paying a lawyer and a skilled...
As poa can I change beneficiary on my aunts annuity.
CL's answer
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Answered on April 19, 2018
It is also necessary to see the exact language of the beneficiary designation form to know how it will be interpreted by the carrier. It may go to...
Archived
What is the liability of a spouse of an executor, if the executor misused the funds?
CL's answer
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Answered on April 17, 2018
You’ve not provided quite enough info to answer. You indicate your father was beneficiary. If the Estate was closed and he had received funds...