Archived
I am trustee of my deceased parents home (CA). The house is in their trust. Do I need a new deed with heirs names on it?
Justin's answer
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Answered on March 17, 2010
Is there any intention of selling the home? If so, then no prior transfer is needed. As trustee, you can sell the home directly from the Trust...
What is a letter of appointment pertaining to a will?
Justin's answer
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Answered on March 16, 2010
Just so you understand the terminology:
An Executor (Executrix if female) is a person appointed by the Probate Court under the Will to...
What is a letter of appointment pertaining to a will?
Justin's answer
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Answered on March 16, 2010
Just so you understand the terminology:
An Executor (Executrix if female) is a person appointed by the Probate Court under the Will to...
Archived
Living trust - individual accts in a marital trust (restate "May Husband & wife ...")
Justin's answer
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Answered on March 14, 2010
Make each separate account POD to the Trust.
Make sure each of you also has in place a General Durable Power of Attorney.
Archived
Took income from irrevoc. trust last year. What category on 1041 does this fall under?
Justin's answer
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Answered on March 14, 2010
Your accountant asked you a question that he/she should be answering. I suggest you seek the advice of a different accountant.
It is a question...
Archived
May husband & wife may have joint & separate bank accounts under same trust.
Justin's answer
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Answered on March 14, 2010
Consider having each individual account made POD to the Trust.
Archived
My husband has a brain tumor and is unable to sign over power of attorney what is the process in Ohio
Justin's answer
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Answered on March 12, 2010
You'll have to open a Guardianship through your local (Franklin County) Probate Court.. See an attorney who handles guardianship proceedings.
Archived
How to find a bank account of my deceased mother.
Justin's answer
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Answered on March 12, 2010
Have a look at her federal income tax return for last year or look through her tax-related papers she received at the beginnng of this year. She...
Archived
Acquiring home from estate from mother who passed recently and willed everything equally between my 2 other siblings.
Justin's answer
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Answered on March 12, 2010
You shold meet with an attorney to discuss your situation. The prior answer shows one waay to handle the matter. There may be other options. A...
Archived
How can I protect a cd worth 12,000 that is in my name but belongs to my elderly mmmother. Each of us 3 Kids were given the same
Justin's answer
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Answered on March 11, 2010
More information is needed. Protect the CD from what? Your death, divorce, creditors, children , , ,? Your Mother's death, creditors, other...
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