Archived
Will TX Medicaid only pay for nursing home care if you are cognitively impaired, regardless of physical condition?
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Answered on May 10, 2013
I agree with Mr. Paxton. My guess is that your sister has assets worth too much money, that is preventing her from qualifying. Since she has SSI,...
Archived
What happens when i inherit a house with a mortgage still owed on it?
James's answer
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Answered on May 09, 2013
I agree with my colleagues that you should be okay on this. Under Federal law, the bank cannot foreclose or accelerate the debt as long as payments...
Archived
My husband worked his fathers farm all his life died at 47 hrs old was promised house we lived in for over 32 yes put over 150k
James's answer
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Answered on May 09, 2013
I agree with my colleagues. A lot will depend on the details of your situation. You do have some problems, as contracts involving real estate are...
Archived
Locating the assets of a S-Corporation.
James's answer
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Answered on May 09, 2013
You can check tax returns, but this may not have a list of the assets of the corporation. The assets may consist primarily of personal property,...
Archived
How long do I have, as executor of my mother's Will to file for probate?
James's answer
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Answered on May 08, 2013
I agree with my colleagues. I would simply add that there are other practical reasons to file as soon as possible. First, you cannot legally do...
If someone leaves a will, do you still have to go through probate?
James's answer
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Answered on May 08, 2013
I agree with my colleagues. If assets pass under a Will, probate is necessary. The only time a Will can be given effect is when it is admitted to...
Estranged beneficiary
James's answer
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Answered on May 08, 2013
There is probably some kind of "missing legatee" procedure in Illinois. That may be the process you mention in your summary. Since it is critically...
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Archived
My father owned 10,000 shares of private stock. He passed away earlier this year, so I will inherit it. As personal rep and
James's answer
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Answered on May 08, 2013
I agree with Attorney Pippen. The assets must be re-titled in your name while probate is ongoing. Fees vary depending on the asset and the company...
What amount can an executor take for per mile-mileage?
James's answer
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Answered on May 08, 2013
We almost always use the rate that the IRS allows for mileage deductions. For 2013, that is 56.5¢. You want to make sure that you keep meticulous...
Archived
How Can I tell will/Estate is near time of distribution?
James's answer
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Answered on May 08, 2013
You have not really given us enough information to go on, here. You ARE entitled to documentation that is filed with the court. It appears that...
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