Archived
On a 401k of a deceased person the 401k company said they had no beneficary but the company that the person worked says they
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Answered on May 21, 2012
I strongly disagree with my colleague's answer that there is nothing you can do unless you suspect wrongdoing.
Companies often change 401K...
Archived
I lent money to to someone for a car the person is 19 & signed a promissory note will that be binding in court
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Answered on May 21, 2012
If you have a properly executed promissory note from a 19 year old in Ohio, it is valid and enforceable. They can get all the lawyers they wish,...
Whats the difference between power of attorney and custody in child custody?
CL's answer
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Answered on May 21, 2012
These are two entirely different things.
A "Power of Attorney" is a contract by which a "principal" names an "agent" to represent the principal,...
Archived
Kinship
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Answered on May 21, 2012
You don't give us many facts. Is it your friends' kids (plural, i.e. a married couple) or friend's kids (singular, a single parent)? What...
Archived
My father is a single veteran and has pension from a factory job. I'm his only child. Am I automatically the only beneficiary?
CL's answer
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Answered on May 21, 2012
I appreciate the painful position you are in, because we have worked with other clients in similar situations. It is, sadly, not rare.
Sherri...
Archived
Contest a will
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Answered on May 21, 2012
You say you live in Ohio, but what matters is where your father lived. The answer to your questions will be controlled by the law of the state in...
Archived
Convert S Corp to C Corp
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Answered on May 18, 2012
If you are the sole owner of the C corp, double taxation is a myth. You can always bonus out any income at the end of the year and the double...
Archived
What is the proper action to take if an independent executor, who is not a beneficiary, deeds himself property from the estate?
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Answered on May 18, 2012
This is unusual, but not necessarily wrong. First, the Executor is entitled to a fee, and I suppose the court could have approved a transfer of...
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Archived
I signed a contract on a house in Florida the woman who sold it has not gone through probate
And now want it to foreclose
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Answered on May 17, 2012
Let's see if I have the facts straight: A woman who lives in Indiana was to inherit a house in Florida. She signed a contract to sell it to you...
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Archived
Does duty to inform and account to beneficiaries apply to irrevocable trusts created during decedents lifetime
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Answered on May 16, 2012
Your question is a little short on useful facts.
I am not quite certain what you mean "irrevocable trusts ... that were not disclosed." Do you...
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