In ILIT, when trustee takes $ from Cash Value (which is tax free) & distribute to beneficiaries, will it create a tax event?
David's answer
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Answered on May 26, 2019
Well, I think you've got a couple of misperceptions going on here:
1. From what i understand is that the Cash Value is tax free from the Insurance...
Archived
64 y/o. Disabled many years. SSI overpayed $4000. Now I owe 4K. Lost Medicaid (not Medicare) because of it. Can they do this?
David's answer
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Answered on May 26, 2019
It's not clear to me why you should have lost your Medicaid benefits because it turns out that you owe money for overpaid Social Security benefits....
Archived
What can I do to stop a family member that has exploited my mother and cheated her out of everything she owned.
David's answer
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Answered on May 26, 2019
You should call Adult Protective Services immediately. APS is a police agency dedicated to investigating and pursuing bad people who take advantage...
Can a notary notarize just one signature on a page with two signature lines and the second person is not there??
David's answer
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Answered on May 26, 2019
The Notary could notarize the signature of the person who actually signed, but cannot notarize a document with blanks! How to resolve this...
Archived
Can I get help from my husband financially if I separate from him?
David's answer
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Answered on May 26, 2019
Without divorcing you can still get a property and income settlement. In Michigan it's called an Action for Separate Maintenance and I would guess...
Can I write a last will and testament without a lawyer? Can I designate a caregiver for my kids within a will?
David's answer
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Answered on May 19, 2019
You really should talk with a lawyer... I know it's too expensive and too difficult and too etc, etc... but a good attorney can talk you through...
Archived
If i sell my house that was quit claimed to me by my parents, does my husband need to sign also?
David's answer
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Answered on May 19, 2019
I don't think the deed was void, which means it could never be effective, I think the deed is voidable, which means that it could be challenged....
Archived
When does '30 days notice to vacate ' start for a live-in Caregiver? The day letter was given or the last day she works?
David's answer
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Answered on May 19, 2019
Depends on local law, I'd say the day you were served with the notice... May 5!
Archived
What am I entitled to if my mother just passed away and is survived by my step-father
David's answer
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Answered on May 19, 2019
Are me &my sister entitled to any of her personal property that has value?
Probably not... I would imagine that the tangible personal property,...
Archived
If your on disability and you have someone who handles you money on your behalf but they did not make your legal fine payments ?
David's answer
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Answered on May 19, 2019
As a first measure, call Child Protective Services... you may also want to consult with local counsel regarding the guardianship.. let the court...
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