Questions answered by Hannon T. Ford

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What are the pros and cons of placing your home in a living trust that presently contains only financial assets.

Hannon's answer | Answered on January 15, 2010

I like the previous answer from the attorney in FL. However, the Garn-St. Germain Act allows any homeowner to transfer the property into trust,...

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I live in MN; both parents passed away this year. If my name is on their savings account, does this have to go thru probate?

Hannon's answer | Answered on January 12, 2010

In MN, the account you described is considered joint and is not required to probate to recieve the funds. However, it is important that you know...

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In the State of MN, do documents such as a life estate or a living trust need to be legally filed to be considered enforceable?

Hannon's answer | Answered on January 10, 2010

A living trust is usualy revocable and amendable. Your aunt should be able to change the trustee with a simple amendment to her trust. Also,...

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My dad is 80, has CA, is now delusional unable to make decisions, He has no living will or POA, What do I do to become his POA?

Hannon's answer | Answered on January 10, 2010

There are two answers to your question. First, you may be able to get a Power of Attorney for any decisions if you dad has "legal capacity". This...

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Will Medical Assistance in MN lein a property after the surviving spouse dies?

Hannon's answer | Answered on January 10, 2010

Medical Assistance can and will make a claim against the estate if there is a probate. There may be some exceptions your brother could qualify for...

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As next of kin what are my legal rights for my deceased father

Hannon's answer | Answered on January 10, 2010

You are not responsible for your father's estate unless you agree to do so or are assigned by a court a personal representative of the estate. If...

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Will advice

Hannon's answer | Answered on January 07, 2010

I highly recommend having a lawyer look over your shoulder when signing any legal document. If your father has passed away the Will may have...

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Durable power of attorney and the executrix

Hannon's answer | Answered on January 07, 2010

It is possible, but it requires that the Power of Attorney specifically grants you authority to act on her behalf as representative of the estate. ...

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Can you sign a real estate purchase agreement and other accompanying paperwork as trustees?

Hannon's answer | Answered on January 07, 2010

Additionally, they will want to take copies of their Certification of Trust to attach to any agreements they sign as Trustee(s).

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Parents' Wills don't seem to have been properly executed. Does that effect validity of their Wills?

Hannon's answer | Answered on January 03, 2010

There are several requirements for signing a legal Will in MN. The MN Statutes state them as follows: 524.2-502 EXECUTION; WITNESSED...

Hannon T. Ford's Answers (129)

What are the pros and cons of placing your home in a living trust that presently contains only financial assets.

I live in MN; both parents passed away this year. If my name is on their savings account, does this have to go thru probate?

In the State of MN, do documents such as a life estate or a living trust need to be legally filed to be considered enforceable?

My dad is 80, has CA, is now delusional unable to make decisions, He has no living will or POA, What do I do to become his POA?

Will Medical Assistance in MN lein a property after the surviving spouse dies?

As next of kin what are my legal rights for my deceased father

Will advice

Durable power of attorney and the executrix

Can you sign a real estate purchase agreement and other accompanying paperwork as trustees?

Parents' Wills don't seem to have been properly executed. Does that effect validity of their Wills?