Archived
I first established the Revocable Living Trust (through LegalZoom.com), it had the original date the trust was begun: 1/1/2008
Justin's answer
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Answered on June 23, 2011
I very much agree that estate planning is not a self-help area. Peoplend up costing themselves and their families more in the long run when they...
Archived
My mother passed away recently. She had a will and a revocable trust with my father as the beneficiary. They owned the house as
Justin's answer
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Answered on June 23, 2011
I do not practice in NY, but in most cases the half interest in the real estate owned by your Mother will have to go through probate since it is...
Archived
"Do I need a real estate attorney in order to add my name to the deed on my widowed fathers home?"
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Answered on June 16, 2011
I do not agree with either the capital gains analysis or the Medicaid analysis.
In my jurisdiction and under federal law, transfer of...
Archived
My father passed May 1st and he had a beneficery for most of everything besides his Aunnity for the Boilermakers and he only wor
Justin's answer
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Answered on May 23, 2011
You need to proceed with a Summary Relief From Administration using Standard Probate Forms 5.10 and 5.11, both should be available at your local...
Archived
Which way is easier for my daughter to transfer over my real estate avoiding probate?
Justin's answer
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Answered on April 12, 2011
I am not familiar with a beneficiary deed, so you should get a response from a local attorney in any event. Both of the other options, if done...
Grantor of "John Doe Revocable Trust" dies - Should the name on the EIN be "John Doe Irrevocable Trust", as grantor has died?
Justin's answer
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Answered on April 12, 2011
I always remove the word "Revocable" from the trust name when applying for the EIN. Having that word in the title causes confusion when you then...
Archived
Does Ohio Have Estate Taxes?
Justin's answer
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Answered on March 16, 2011
Yes, Ohio has an estate tax, at least for now. The first 338,333$ in value is exempt. The next portion of the estate up to 5000,000 is taxed at...
Archived
Upon a filing of a RELEASE FROM ADMINISTRATION, the court then appointed the attorney as ADMINISTRTOR of said estate.
Justin's answer
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Answered on February 22, 2011
It is likely that the Court appointed the attorney as Commissioner not Administrator. An Administrator would be appointed in the case of a full...
Archived
Do I (the estate) Need to pay this?
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Answered on February 16, 2011
Your uncle may be responsible for some portion of the bill since it may be characterized under the heading of "Necessaries" for which the spouse...
Archived
Are we entitled to anything?
Justin's answer
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Answered on February 05, 2011
If she was not a member of PERS, you also should check with SERS.
Because of the relatively short retirement period, there may be a balance...
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