If I used a specific attorney to make my trust, and now I'd like to make some changes, do I need to go back to the same one?
Larry's answer
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Answered on January 25, 2017
You, the client, have complete control over whom you select for legal counsel. You are not obligated to return to an attorney for making changes,...
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Am I responsible to pay extra fees being charged on top of my deposit being kept?
Larry's answer
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Answered on January 25, 2017
Short answer is "probably", if you were the party in possession when the "issues" occurred. I am puzzled by your need to "cut" the carpet. Did...
I purchased a quit claim deed almost five years ago. Would it be better to get a Lady Bird deed?
Larry's answer
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Answered on January 18, 2017
I commend you for the inquiry as to your real intent here, i.e. concern for the 5 year Medicaid look-back period. But doing this without a full...
I was given a Quit Claim Deed on purchase of a property. I want to convert it to a Warranty Deed. What steps should i take?
Larry's answer
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Answered on January 17, 2017
You NEED an attorney. Clearly, you don't understand the nature of the transaction you anticipate. You bought with a quit claim deed, meaning you...
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Mich LARA Wage & Hour negotiated a settlement between my former employer &me; he owed $10K, paid $4k to settle. Do I pay tax?
Larry's answer
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Answered on January 17, 2017
If the payment was for ordinary income, like wages you were used to receiving, then, yes, you pay income tax
for the year when you received the...
How can somebody get out of a land contract without going into default?
Larry's answer
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Answered on January 16, 2017
Did you sign? In addition to owing a debt under a legal contract, a person also has an equitable interest in real estate. So, even giving up...
Archived
What do I do
Larry's answer
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Answered on January 16, 2017
I recommend that you invest resources into finding a new residence. The time period to evict you have via court proceedings could likely be...
Archived
I need help with writing a purchase agreement for wholesaling real estate in Michigan, can anyone help write one for me?
Larry's answer
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Answered on January 16, 2017
I have a strong sense that you have no idea what you are getting into. Are you familiar with real estate transactions? You want to be careful...
Recieved money back by being the beneficent of my Michigan Education Trust do i claim it as income on my taxes?
Larry's answer
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Answered on January 16, 2017
You need verification that the contributions were pre-taxed or after-tax dollars. That will be the gauge. A tax accountant is the person to...
Do I need a power of attorney in place if one of my children is on the deed to my house, on my bank account and my car?
Larry's answer
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Answered on January 13, 2017
I believe you are "mixing" questions here. A POA terminates upon a person's death. It can no longer be used to transfer assets. Your...
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