Archived
When a minor is beneficiary of a life insurance policy, when they turn 18 are they entitled to the full amount of the policy
Timothy's answer
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Answered on June 09, 2014
in general yes but sometimes depending on the situation a parent may seek to open a guardianship which may allow for a payout sooner than that time.
Archived
Successor trustee is a beneficiary he was forgiven a loan then 6 months later the Settlor died now he submits it as an amendment
Timothy's answer
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Answered on June 05, 2014
Get your own lawyer for answers to these questions which are good questions, but, too contingent on specifics to begin to answer here. Certainly...
Archived
How can my sons make their stepmother file their dad's will. There is property involved
Timothy's answer
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Answered on June 05, 2014
This scenario is the most common source of disappointed callers. Oftentimes the spouse at time of death has taken everything into joint names and...
Archived
How do you begin to contest a will? What are the odds of success? What kind of evidence do we need to contest a will?
Timothy's answer
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Answered on June 05, 2014
I can only speak to Indiana law here but it depends on your theory of why the will is invalid. If the problem was undue influence, that varies a...
Archived
I am last survivor, I need my mother's will.
Timothy's answer
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Answered on May 08, 2014
If you looked through all her papers and found neither it nor the names of any lawyers who may have prepared one, you are probably out of luck....
Archived
Who Pays for Probate if Estate is Insolvent?
Timothy's answer
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Answered on May 08, 2014
Under this scenario they would likely walk away with your tangible goods, divided among themselves, and abandon the house. The bank will foreclose...
How do I become executor of my dad's estate?
Timothy's answer
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Answered on May 08, 2014
First try and work with a personal injury lawyer on this. If nobody will take the case then you hire an estate lawyer and it's probably going to...
Archived
5-yr unmarried relations of loved one who passed. Gave me home as gift that's still on selling market.How can I find out status?
Timothy's answer
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Answered on April 22, 2014
A gift must be completed to be effective. Land requires a deed of gift which is delivery or recorded in land records. Better check the title on...
Archived
My mom passed away due to accidental fall at 59 intestate and one of her ad@d policies paid out the other one wants med record?
Timothy's answer
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Answered on April 21, 2014
Sorry for your loss. I don't think people are trying to hurt you so please consider that it's "just business." Medical records are protected by...
Archived
Distribution from irrevocable trust to an IRA?
Timothy's answer
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Answered on April 21, 2014
Not enough information. Also it seems unlikely and likely unwise for an irrevocable trust to pay into an IRA. Sounds really odd.
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