Archived
If you are the executor of an estate and a heir do you have to wait until all heirs get their money before you can take yours?
CL's answer
|
Answered on February 27, 2013
I'm not sure if your words accurately describe the situation, but if you are correct this is a big unusual. All distributions must be approved by...
Archived
What can be done if a surviving Trustee (my step mother) buys a house with money from the trust in her own name?
CL's answer
|
Answered on February 26, 2013
It all depends on the exact language in the trust. Was it your father's trust or a joint trust? Is your stepmother the only beneficiary during...
Selected as the best answer
Archived
Can a trustee be removed from managing a revocable trust if he has a history of financial mismanagement & arrests?
CL's answer
|
Answered on February 26, 2013
A challenge to a trustee's fitness to serve probably does not rise to the level of contesting the trust itself, but we would need to see the...
Archived
How to transfer portion of the property into a living trust in CA?
CL's answer
|
Answered on February 26, 2013
Yes, your wife's partial interest can be transferred to the trust. It must be done via deed.
Archived
My sister removed my brother and myself as beneficiaries on my mom's retirement accounts at the bank against my mom's knowledge.
CL's answer
|
Answered on February 26, 2013
The bank may have liability here. I don't know any bank that would allow an agent to change beneficiaries with a general power of attorney. Some...
Do I have a right to see Revocable Trust written in Texas, as secondary beneficiary who resides in Florida ?
CL's answer
|
Answered on February 26, 2013
One of the most dangerous things that can happen to an inheritance is remarriage. I do not know Texas law, but if they have some form of the...
Archived
My Mother was living with me and became ill and passed. She had a will which she gave to me before she died. What do I do now?
CL's answer
|
Answered on February 23, 2013
You will need to open an estate in Probate Court. There is a procedure for small estates that may be applicable to your case. If you are the...
Archived
Should I choose a Sole Proprietorship or LL C to sell items on e Bay I will be the only person involved with the business
CL's answer
|
Answered on February 22, 2013
Effective March 27, Ohio becomes one of the top 4 or 5 asset protection states in the U S.
I would definitely create an LLC for your business. ...
Archived
If everyone is in agreement on who get what from an estate does it required an appraisal?
CL's answer
|
Answered on February 22, 2013
The house is a probate asset. It must be listed on the probate inventory at its fair market value. In some counties--probably most--it is...
Archived
My husband and I both have adult children from a previous marriage. We need to create wills and can not agree on how to do it.
CL's answer
|
Answered on February 20, 2013
It is not unusual for clients to "put off" doing their planning because they can't figure out how to do what they want to do. That should not be a...