Archived
Is it required to have the broker's attorney complete closing docs for purchase of a small business when I am getting an SBA loa
Michael's answer
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Answered on January 22, 2013
It is not clear from your post what exactly the $2,000 fee is for nor is it clear whether or not you have already signed the purchase agreement and...
Archived
Tennants in common dispute
Michael's answer
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Answered on January 01, 2013
Any of the owners could go to court to have the property divided or sold In its entirety if it's not capable of division.
Archived
How do I find a qualified estate or probate attorney?
Am I required to notify 1st and 2nd mortgage holder?
Michael's answer
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Answered on November 21, 2012
There are some organizations that have attorney referral services. The Minnesota State Bar Association has a referral service database on its...
Archived
Who has rights to personal belongs if nothing stated in will, is it the appointed executor of will?
Michael's answer
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Answered on November 21, 2012
In Minnesota, the personal representative has the right to possession of estate assets during administration of the estate. Your boyfriend's will...
Archived
Quit Claim Deed Question
Michael's answer
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Answered on November 15, 2012
You are the one who is making the gift and the IRS requires that you file a gift tax return for any gift in excess of $13,000.00 made in 2012. You...
Archived
Probate enheratence question.
Michael's answer
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Answered on October 03, 2012
Your Uncle's will is the first place to start as it may have included a requirement that your brother survive your Uncle for a certain period of...
How can I become the personal representative for my deceased father without going through probate?
Michael's answer
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Answered on August 10, 2012
No, but three months is plenty of time for someone to be appointed as personal representative in a formal probate proceeding and have authority to...
Archived
I have judgments against my home. Can I quit claim deed it to a family member and then sell the home?
Michael's answer
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Answered on August 07, 2012
It is legal but will not give you the results that you seek. The judgment liens remain attached to the property for ten years from the date of...
Archived
If a partner of a s corp. dies are his hiers entitled to proceeds of the sale ofproperty.
Michael's answer
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Answered on June 27, 2012
The deceased shareholder's shares of the corporation are part of his estate. If you are dissolving the corporation following the sale of its only...
Archived
Mom died 4 yrs ago. I want to insist on sibling buying me out if she won't sell the property.
Is this possible?
Michael's answer
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Answered on June 19, 2012
If the property is not currently part of a probate proceeding but is titled in your name and the names of your siblings, there is a court...
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