Archived
How can a will be filed but not probated if it involves estate property valued at over $225,000 in Illinois?
Bruce's answer
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Answered on April 03, 2018
There are many possibilities that could have occurred here. Have you obtained a copy of the Will from the Court? You can do so. Once you have a...
Archived
Can an ira thats in my husbands name and his mom's after she ppasses even though were filling bankruptcy , can he keep it after
Bruce's answer
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Answered on April 02, 2018
Difficult to provide an answer with the minimal information you have provided. When you refer to "Courts", you could mean the Probate Court or you...
Archived
Lottery Jackpot - estate?
Bruce's answer
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Answered on March 30, 2018
You should resubmit this question AFTER you win the $500 million.
Archived
Beneficiery's contribution to the Trust
Bruce's answer
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Answered on March 29, 2018
It is POSSIBLE that a beneficiary could contribute to an Irrevocable Trust if the language of the Trust provides for it. However, it is impossible...
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Archived
What can i do to keep nursing home from taking all my assets stocks home ?
Bruce's answer
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Answered on March 26, 2018
Unfortunately, you live in Illinois, one of the most Medicaid "unfriendly" states in the U.S.. Most of the Medicaid protection planning that...
Can a co-trustee sign a quit claim deed to transfer property from a trust to co-trustees who are the beneficiaries of the trust?
Bruce's answer
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Answered on March 23, 2018
I agree that a review of the Trust instrument would be required before an accurate answer could be provided. Also consider that Tenants In Common...
Archived
What happens to the property that my grandparents have if they died without a will ?
Bruce's answer
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Answered on March 23, 2018
Ownership of real estate in their names at their deaths, will demand a Probate be opened, to transfer title the real estate, even if valued less...
Archived
Can I do a quick claim deed?
Bruce's answer
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Answered on March 21, 2018
If your friend left you his house in his Will and the house was titled in his name alone, you must file his Will in the local Probate Court. Then a...
Archived
As successor trustee for my dad's trust, I want to confirm steps and be sure I'm not missing anything?
Bruce's answer
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Answered on March 20, 2018
I am not intending to be flippant, however, the reason you have not received any answer to your question in over 17 hours is because we as...
Archived
If no relative is willing to do anything what happens to the Estate?
Bruce's answer
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Answered on March 16, 2018
The answer above is correct. Relatives should conduct a search for a Will. If one is found, the Executor named in the Will must contact a Probate...
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