Archived
Can the beneficiary of a Irrevocable Life Insureance Trust take out the cash value. If, so does this just reduce the death
Christine's answer
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Answered on October 17, 2012
Agree with both of the previous answers. I always tell clients who are beneficiaries that you do not have an entitlement; you have an expectancy.
Archived
I am the power of att. for my husband. He received a letter in the mail for a settlement @ his moms house and she will not give
Christine's answer
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Answered on October 10, 2012
You do not really give enough information to give a reasonable answer, but I would suggest that you send his mother a copy of the POA, along with a...
Archived
My mother recently passed.she took out a loan for a vehicle which i have been paying for.im planning on paying it off in full.
Christine's answer
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Answered on October 10, 2012
I agree with the other answers - a small estate affidavit is relatively simple and probably could be completed with minimal assistance of an...
Archived
If decedent's bank account's title wasn't added to her trust but pour-over will states all moneys are in trust, is it in trust?
Christine's answer
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Answered on October 10, 2012
My answer is conditional, given that I have not seen the will or the trust declaration, but usually a pour-over will is sufficient to allow for the...
Archived
Am I able to use my fathers money to pay for his first month in a nursing home and furnishing prior to obtaining guardianship
Christine's answer
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Answered on October 10, 2012
Under the circumstances that you describe, you should be able to get an Order appointing you as temporary guardian. An experienced guardianship...
Archived
My mother is 87 and my dad passed on 2 years ago. My mom wants to leave her 2 flat house to my brother and me when she is passes
Christine's answer
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Answered on October 09, 2012
Another option, if your mother is competent (not suffering from dementia), would be putting the house into a land trust. There is a small annual...
Archived
What steps need to be taken to become a POA for property and health for an elderly parent?
Christine's answer
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Answered on October 08, 2012
Unfortunately, it is too late for your mother to execute a Power of Attorney, either for property or health, due to her dementia. In order to act...
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Archived
I am a quadriplegic receiving SSD, Medi-cal, My mother pasted away and left me an inheritance. Can a special needs trust help?
Christine's answer
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Answered on September 13, 2012
If you are under the age of 65, a special needs trust would be extremely useful. You should contact an attorney in your area who is experienced...
Archived
My husband's father lived and died in Indiana leaving a Living Trust between him and his current wife.
Christine's answer
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Answered on September 13, 2012
Trust agreements are private, and the ex-wife does not have an obligation to share the terms of the trust with you. I would suggest that you...
Archived
My Mom passed away last month. New will not completed. Step Father looking for old will 28 years ago. I want to file probate.
Christine's answer
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Answered on September 13, 2012
While I am not licensed in your state, I can tell you that in order for a Will to be admitted to Probate, in almost all instances you need to file...
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