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If a person knows they have a few months to live and they give you stuff do you have to give it back to the estate when he dies
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Answered on June 03, 2014
It isn't clear who is asking you to return things. The gifts could be considered fraudulent conveyances if the transfers made him insolvent. I'm...
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I need some advice on Wisconsin probate law, since I am name in my aunt's will along with 9 other heirs
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Answered on June 02, 2014
Your sister is not the personal representative (used to be called executor) until appointed by the court. The court does this after a hearing,...
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Is the power of attorney entitled to be paid for expenses incurred before they actually signed the POA documents?
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Answered on June 02, 2014
This question cannot be answered without more detail. However, it may be appropriate for him to pay himself for expenses he incurred prior to being...
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My parents are selling their farm, it is worth 500,000. They are both 78 years old. What should they do with the money?
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Answered on May 29, 2014
The good news is that because the farm was their residence for at least 2 of the past 5 years there should be no capital gains tax on the sale. The...
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My dad passed away my mom( they are divorced) i r on the TOD. I filled the papers at the courthouse and filed
Edward's answer
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Answered on May 29, 2014
Based on the information provided (I don't know what "i r" stands for) after filing the paperwork you cite (most likely a form 110) the...
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I am special administrator for my step fathers estate, he died of mesothelioma. Settlements are still coming in.
Edward's answer
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Answered on May 21, 2014
I wonder what is going on. Normally a special administrator is appointed to take care of matters that cannot wait until there is a personal...
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What rights do I have?
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Answered on May 20, 2014
You can probably get the attorney to take their fee out of the proceeds from the house sale. Remember that the partition is your last resort. Your...
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To avoid beneficiary squandering, I am naming my revocable trust as the beneficiary of the IRA in order
to have more control of
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Answered on May 20, 2014
IRAs are the most difficult asset to plan for, but they can have a living trust as the beneficiary. This is a situation where you absolutely have...
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What kind of an attorney do I need?
Edward's answer
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Answered on May 20, 2014
There is no breach of fiduciary duty here because she distributed the house from the estate to the beneficiaries. What you need is a real estate...
I signed off as POH, now my brother handles it.My brother wants to give it back, or can I just act under him w/o legal problems
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Answered on May 14, 2014
Depends upon what the POA says. It may include provisions for letting a POA name another one. Easiest is to just have the attorney preprint the POA...