Are beneficiaries required to sign a "Receipt of Final Distribution and Gneral Release" in order to receive their inheirtance?
Janet's answer
|
Answered on September 19, 2012
This is common practice ASSUMING YOU HAVE RECEIVED AND HAD AN OPPORTUNITY TO REVIEW an accounting from the trustee and are satisfied with it. If...
When do I submit a petition to terminate independent administration
Janet's answer
|
Answered on September 19, 2012
I think you received a standard form (not filled out) which is part of the notice to heirs indicating that you could -- if you wished -- terminate...
Restatement of Trust - No original first trust
Janet's answer
|
Answered on September 19, 2012
Assuming you are the grantor, tell the bank what happened. (While it is usual to suggest to the client that the very first trust be retained,...
Archived
I HAVE A VERY CLOSE FRIEND WHO HAS NEVER BEEN MARRIED AND HAS NO CHILDREN. HE HAS WRITTEN A WILL AND SEALED IT.
Janet's answer
|
Answered on August 26, 2012
Are there third party witnesses to the will? Otherwise it is not a will and is of no effect and the assets will go to the next-of-kin (in this...
How do get freeloader out of house?
Janet's answer
|
Answered on August 26, 2012
This is state specific. You should start eviction proceedings. (At least you would in Illinois.) Start proceedings and allocate the costs...
Archived
Is it possible to revoke a living trust on property (house)?
Janet's answer
|
Answered on August 25, 2012
I own my house in my living trust. If I want to sell it, I sign the deed AS TRUSTEE. The terms of the trust (should ) allow a sale and all state...
Archived
I am the trustee, executor & benificary of my dads trust. I have a judgement & writ against me. Is the trust safe?
Janet's answer
|
Answered on August 25, 2012
It depends what the trust says -- if is says give it to my beneficiaries outright when I die, then no in many states your creditors can reach the...
What is the purpose of an oath and Bond of Representative Surety for an administrator of estate?
Janet's answer
|
Answered on August 25, 2012
The bond is purchased for some amount set by a bonding company and is an insurance premium that you will not steal from the estate. It is a...
Archived
Mom had pourover will, need to open probate and let our disinherited sister know?
Janet's answer
|
Answered on August 25, 2012
Your sister has 2 years to contest the trust. If you open a probate and admit the will (you do not need to appoint an executor), she will have...
Archived
Question regarding money left in a savings account.
Janet's answer
|
Answered on August 11, 2012
Rule # 4 of Estate Planning (related to Rule #2 posted by Attorney Carrier):
Money brings out the worst in people.
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained