Archived
My father passed away 8 yrs ago leaving no will. He is survierd by my mother, myself and 3 other heirs.
James's answer
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Answered on March 19, 2013
You have not provided enough information to answer your question. How are the assets titled? If everything is in joint names between your parents,...
Archived
We had a WILL done thru a lawyer years ago when our children we born. Now they are over 21 and we want to do a change so they
James's answer
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Answered on March 19, 2013
I agree with my colleagues, and particularly Mr. Lutzky who correctly observed that you need additional documents beyond just Wills. By consulting...
Archived
What are the tax liabilities from selling my parents house in Indiana and dividing the proceeds between myself & two siblings?
James's answer
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Answered on March 19, 2013
More information is needed. First of all, what taxes are you concerned about? If you are speaking of income taxes, upon the death of your parents,...
Who can sign on a checking account held in a Revocable living trust
James's answer
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Answered on March 19, 2013
If I understand your question correctly, I would say the answer is no. The bank would likely require that any signor on the account would also be a...
Archived
In Indiana can the beneficiaries of an Irrevocable Life Insurance Trust dissolve the trust and take the cash value from policy?
James's answer
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Answered on March 19, 2013
I agree with Attorney McMahon. You should at least have an attorney review this to makes sure that you are on the right track. Otherwise, this...
Archived
Lawsuite 19 years ago money from the settlement was placed in a trust till certain age, age met still no money can i servethem
James's answer
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Answered on March 19, 2013
I agree with my colleagues, but I believe more information is needed. What is it the lawyers are telling you? You are not really the client, here....
Archived
I was a beneficiary in my grandmother's trust. I was not mailed any documents in a probate proceeding. Were my rights violated?
James's answer
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Answered on March 19, 2013
I agree with my colleagues, but I am not sure that I understood your question the same way. As Mr. Zelinger noted, most trusts do not need to go...
Archived
UNDER WHAT CIRCUMSTANCES CAN A TRUST'S DESIGNATION BE CONTROLLED BY FLORIDA STATE LAW?
James's answer
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Answered on March 19, 2013
I recently reviewed another Florida elective share matter and in researching it, discovered that unlike Michigan and several other states, Florida...
Archived
Do you have any legal liability for a rental property you inherited but never overtly put in your name?
James's answer
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Answered on March 19, 2013
I agree with my colleagues. Your brother already owns this property, by virtue of the deed. He cannot escape liability or shield himself by...
Archived
Is my life insurance required to pay my debts when i am gone?
James's answer
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Answered on March 19, 2013
I agree with my colleagues. If it is your goal to ensure that your debts are paid FIRST, then the policy should pass to your estate or trust. ...
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