Archived
My mother left my my disabled son money with my sister as trustee.
She has denied reasonable requests. Can I do anything?
Keenan's answer
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Answered on August 04, 2009
Although I am not licensed to practice law in MA, I would generally suggest that if you are the guardians of your son (I assume he is now an adult)...
Archived
Can an executor sell property at any price and can the beneficaries decide not to sell if the price is too low?
Keenan's answer
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Answered on August 04, 2009
I am not licensed to practice law in Texas, but generally every executor has a fiduciary duty to all beneficiaries of an estate, whether the...
Archived
I was named in a will to be the exec. What is my nxt move?
Keenan's answer
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Answered on August 04, 2009
If the Will is in fact valid under state law you need to hire a local attorney to have the Will "admitted to probate" - generally in the county...
Archived
Can the bank go after me for my fathers outstanding debt
Keenan's answer
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Answered on August 04, 2009
The general response is that no individual person, related or not, is responsible for/liable for the debts of a deceased parent. The only possible...
Archived
1985 I purchased a 3acre lot. 1985 my Father purchased the adjoining 3acre lot living there while seperated from my mother.
Keenan's answer
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Answered on August 04, 2009
What I suggest is that you go to the Recorder of Deeds' Office as soon as possible and retrieve the two (2) most recently recorded deeds on the two...
After death of spouse does prior depreciation get "stepped" in same manner as cost basis on a rental house?
Keenan's answer
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Answered on August 04, 2009
The new stepped up basis in one-half would be depreciated using a new depreciation life, with surviving spouse continuing to use prior depreciation...
Archived
Can both stepped-up value AND spouse's exclusion be used to reduce tax liability on sold house in WA state?
Keenan's answer
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Answered on August 04, 2009
The step up income tax basis issue applies as of the date of death in the same manner as if your parents had invested in home improvements in an...
JTWROS, Tax questions when one owner dies?
Keenan's answer
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Answered on August 04, 2009
You seem to have a very good handle on the issues. I will offer some thoughts and hope your issues are addressed. Interest and dividends that...
Archived
Do I need and attorney to draw up a living will?
Keenan's answer
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Answered on August 04, 2009
You don't necessarily need a lawyer to prepare a Living Will but you must be sure to follow Kansas Statutes when executing a Living Will. We have...
Archived
Do I have any rights in reference to my fathers estate even though my sister has been made the Power of Attorney?
Keenan's answer
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Answered on August 03, 2009
As an agent acting under a power of attorney your sister is to conduct all activities in a fiduciary manner and with your father's bests interests...
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