My husband and I are going on vacation. We have two children in their 20s. We do not have a will yet. Our children are our beneficiaries on our life insurance. If something should happen to us, we do not want our home and other assets to be he...
A will is not your answer. If you intend to avoid probate, the best mechanism would typically be a joint trust. That said, if your only asset were life insurance, probate may be avoided simply by naming them as beneficiaries of the policy(ies).See question
I would like to obtain a Lady Bird Deed for my home/property in Jackson, MI
A lady bird deed is a deed with a reserved life estate and power of appointment. The Register of Deeds will not be able to assist with such a deed as that office does not act as lawyers. You should consult with an experienced estate planning attorney.See question
My mom passed away a month ago.she has a home she owns. She had told my sister to put all three kids names on the deed..and she did not..now my mother had said to sell the home and split three ways..., now my little sister is saying mom gave her t...
I am sorry for your loss. I echo my colleagues in that you need to consult an experienced probate attorney on these questions. I am curious if your mother had requisite mental capacity to sign the deed. I am also concerned that your mother may have been unduly influenced by your sister. These are matters to review with counsel.See question
Deceased mother's estate attorney now represents my sibling, as trustee of her formerly revocable trust. All of mother's children are to share equally of the trust, and as devisees. They say it is unnecessary to file her will. This seems suspiciou...
It appears there are no assets subject to a probate proceeding. This though would not obviate the requirement to file the Will as indicated in an earlier post. That said, the filing is a ministerial act and doesn't initiate any proceedings.
It is possible you should have seen the Trust sooner than you did, based on Michigan's notice laws. It would be suitable for you to retain counsel to pay close attention to this administration.
Please note that this is not legal advice, as we do not have an attorney-client relationship.See question
My widowed mom died testate, stating in will that I should serve as pers rep, act independently, & without bond. I took will & death certif to Probate counter, said I was there to get letter of authority & settle my mom's estate. The only heirs ...
Unless this matter is supervised, once appointed there is little difference between a "formal proceeding" and an "informal appointment" (i.e. the requirements are the same). I recommend you chat with competent counsel to determine the necessity of any action.
This "Answer" is not legal advice.See question
I'm expecting checks totaling less than $1,000 reimbursement from health care bills I paid with his account that now will be covered by Medicaid (retroactively). He has just about $200 in the bank. These combined will just about cover his last nu...
I am sorry to hear of your loss. You likely should file a Petition and Order for Assignment with the probate court to take title to these assets. There are rules that may forbid a creditor from being paid in a case like this and you should seek competent counsel to review this matter.
This "Answer" could not be and is not legal advice.See question
My father had placed his home, bank accounts, and all investments (IRA & annuities) in my sisters name, who also happens to be the executor. He has a Will that splits everything between us three girls. His thought proccess of putting my sister on ...
Your father should meet with counsel that can clearly articulate the problems with this type of planning. The Will might not have any legal effect depending on your father's intent, but when dealing with intent then we are likely looking at a court proceeding to determine rightful beneficiaries. If his intention is to avoid probate he might consider a revocable trust as a way of ensuring a probate estate is not commenced on his death and his assets are properly distributed amongst all three of his daughters.
This "Answer" cannot be considered and is not legal advice. A proper review of the facts and circumstances of this case by a lawyer are warranted before legal advice should be dipensed.See question