I have an Illinois Trust, if I move to Arizona do I have to create a new Trust or Can I have a Trust for both states?
Larry's answer
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Answered on September 20, 2016
You can have multiple trusts. But more importantly you want to make certain that assets in each trust are appropriate and fit for the state laws...
Archived
To what extent am i obligated to this mortgage at this point?
Larry's answer
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Answered on September 20, 2016
Call the mortgage co and ask them to confirm.
Archived
Can I payoff assets in an estate before distributing them?
Larry's answer
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Answered on September 20, 2016
What you want to do is handle this in a business-like manner. If you have the liquidity, you can payoff the house and car loans, reserving some...
Archived
Do I have to pay medicaid back with the proceeds from the sale of my father's house.
Larry's answer
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Answered on September 19, 2016
Did you have elder law assistance? Timing is everything. It depends upon when the house transfer occurred. DHS is seeking to enforce Medicaid...
Archived
What can i do
Larry's answer
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Answered on September 19, 2016
Sounds like he is "second guessing" his decision to buy. Did you cash the check or take cash only? Sounds like you are fine. If he seeks to...
Archived
How to fight and executor that used an old will
Larry's answer
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Answered on September 19, 2016
"Old" is not the test. The "last" will is the test. Good luck.
Archived
Help with a business mess!
Larry's answer
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Answered on September 19, 2016
If you don't have an attorney, get one quickly. You are very astute. This is a litigation "mess". No easy and quick answer. You will be lucky...
Archived
Can i cancel the agreement ?
Larry's answer
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Answered on September 19, 2016
You are contradictory. On the one hand, you "put an earnest deposit of 20K" but then you say "the builder has not taken the earnest money". If...
Archived
Can I break a medical equipment lease prior to taking delivery?
Larry's answer
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Answered on September 19, 2016
What do the signed contract documents provide? This personal property lease is more like a consumer agreement, rather than a real estate...
Archived
Can I void my rental lease with no recourse or fee if the lease is written wrong?
Larry's answer
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Answered on September 19, 2016
Did you read the lease before signing? The mistakes appear to be mutual. Both you and the landlord know the "real facts". The landlord will...
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