Archived
My brother passed away in Texas without a Will. I live in Iowa, how do I finish probate court case from Iowa?
Arthur's answer
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Answered on January 03, 2013
Mr. Paxton is absolutely correct. What you did leave out is what assets your brother has that make it necessary to seek relief in probate court. ...
Archived
Father is deceased, how do i become his executor?
Arthur's answer
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Answered on January 03, 2013
AS with all the rest of the answers here, you need to hire a lawyer and get his current wife's consent before you do anything. Without that, you...
Archived
What are the tax consequences for a buyer and for a seller of a C corp including assets? Are these two separate transactions?
Arthur's answer
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Answered on January 03, 2013
The depreciation does NOT start over either with a stock sale or an asset sale. If there is an asset sale and the assets are given a value by...
Archived
I have received petition to establish the parent-child relationship what do these papers mean do i need to hire a lawyer
Arthur's answer
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Answered on January 02, 2013
Find yourself a lawyer locally to help you. You did not provide enough facts to really answer this but i bet someone is trying to get child...
Archived
Is there currently any financial liability for a durable power of attorney?
Arthur's answer
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Answered on January 02, 2013
Generally, unless you misused your power (called breach of fiduciary duty) you don't have personal liability for debts of your father.
I can not find my original will and my lawyer has retired. I do have a copy of this will. Would that be good enough if I died.
Arthur's answer
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Answered on January 02, 2013
Copies of wills are always a problem. If you can't locate the original, then take your copy to a new lawyer and have them do another one with the...
Archived
When a person buys a corporation does the depreciation on the assets start over?
Arthur's answer
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Answered on January 02, 2013
No... If you buy the stock (ownership interests) of an entity, you buying another or all of the other shareholder's interests. The business is not...
Archived
My mother and stepfather were purchasing a home. She passed, he paid it off. What am I entitled to?
Arthur's answer
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Answered on January 02, 2013
Mr. Frederick is exactly correct. There are not enough facts here to answer your question. If there was or was not a will and what it said is the...
Archived
Estate question ; mother died & left no original will ; copies of will exist ; filed for administrator
what powers does adm hav
Arthur's answer
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Answered on December 19, 2012
The bank account is the only item subject toe the administrators power. My opinion even though I am a Texas lawyer, is that the court will decide...
Archived
How can the court appointed administrator check deceaseds bank account history before the estate gets settled
Arthur's answer
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Answered on December 19, 2012
I would suspect that this is the same in NY as it is here in Texas. In Texas once someone is appointed as administrator or executor, they have...
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