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As a trust beneficiary, may I receive money from the trust early or have something printed to show I am to receive it?
CL's answer
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Answered on August 20, 2012
There is something not quite right about the facts, and you deserve to know. Your father filed a lawsuit against the State (presumably a wrongful...
Can I withdraw money if my father made me durible power of attorney?
CL's answer
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Answered on August 20, 2012
When your father signed the durable power of attorney, he made you his "agent." As an agent, you have a fiduciary to use his for his benefit and...
I am the executor of my fathers will and their r 5 of us children. He has named me as a benificuary on all his bank accounts and
CL's answer
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Answered on August 20, 2012
If you are the sole beneficiary on a bank or brokerage account, it becomes yours at your father's death. BUT ...
If your father set the...
How can I get POA of my dad when he is paranoid and suspicious of everyone?
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Answered on August 19, 2012
One of the problems of trying to help parents is that they often think of their children as kids, not as adults, and are therefore reluctant to...
Archived
My sis is poa of our dad. He is in a facility in fl. She lives in Ohio. He has been baker acted 3 times she won't visit or help
CL's answer
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Answered on August 19, 2012
I'm sorry that your father and those of you who care about him are in this situation. Here are my observations and suggestions.
First, the...
Archived
Can probate be avoided, if most assets have beneficiaries named?
CL's answer
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Answered on August 19, 2012
Mr. Frederick has given you one of his usual outstanding answers. I would add a couple comments.
It is virtually impossible to avoid all...
Archived
My Uncle resided in California and then moved to North Carolina. He had wills drawn in both states. In the book of wills.
CL's answer
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Answered on August 19, 2012
You may have waited too long to try and do anything about this, and the only way you are going to be sure is to engage a knowledgeable NC attorney...
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Archived
Do I have any rights re: cemetery headstone?
CL's answer
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Answered on August 19, 2012
I would start with the cemetery. Many of them have rules against unmarked graves and require installation of a marker. Explain the situation and...
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Archived
What is a IRS Carryover? What does it mean.....
CL's answer
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Answered on August 19, 2012
Here is the primer on carryover tax basis. To illustrate, lets call the decedents GP (grandparent), C1 and C2 (child one and child two) and GC...
Archived
It has to do with family member going to nursing home and selling her home to her son
I'm in the state of Missouri
CL's answer
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Answered on August 19, 2012
Your family needs to consult with an expert Elder Law or Medicaid attorney. You will not be charged for the initial consultation by most Medicaid...