Water drainage law in rural Minnesota can get fairly complicated. We use the reasonable use doctrine here, so each case is determined by the...

An LLC is a good way to limit your personal liability with respect to the rental properties. A trust generally does not give creditor protection,...

My name and my ex husbands name are on the title of the house. His name is on the mortage. Do I still have ownership

By the facts you have given, then yes, you do have an ownership interest in the house. I'm not sure what you mean by "I have a lien against the...

If you perform and asset purchase of an s-corp rather than a stock purchase do you have to form a new entity (ein, name, stock)?

Regardless of the type of purchase you should have an attorney help you through this. An asset purchase, as its name suggests, is just that -...

How heavily should I involve an attorney in business separation with a close friend?

If you want to preserve your friendship, then do not do this alone. Hire an attorney to assist you so that a few months or years from now your are...

Do 2 trustees of a trust, for a recently deceased father, have the right to close out a bank account if the other person listed

You should speak with a local attorney about this issue and administering the trust in general. As trustees and presumably beneficiaries, you open...

How do we set up who my children go to if something happens to my husband and myself, be it death or mental incapacity?

The best way to do this is to meet with a local estate planning attorney and execute the documents appropriate for your situation. What you have...

I have recently been notified that I am a beneficiary, over 2 1//2 years post passing, the family wants to contest, whats next

Unfortunately, what is next is you should meet with an attorney to determine your rights as beneficiary and the potential rights/claims of the...

My Mother in Law Passed away and Her house is under water. What assets are subject to balancing the debt.

My condolences. The family should probably meet with an attorney to go over all of the details. It looks as though your mother's house was far...

Estate/tax question: how to buy other siblings out of a paid for house without creating a taxable event

As Attorney Gold noted, your question includes a number of different issues. One that jumps to mind: has your mother's estate been probated? If...