Archived
My father recently passed. In his will he left a life estate in his home to his current wife.
Arthur's answer
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Answered on August 21, 2012
The general rule, at least in Texas, is that the person who has the life estate pays for everything while they are exercising their rights under...
Archived
Can the IRS make you pay for student loan and credit card accounts you settled on for a lower amount?
Arthur's answer
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Answered on August 21, 2012
When you settle a debt for less than the full amount, the person with whom you settled generally informs the IRS how much they have forgiven. The...
Archived
Is it illegal for a minor to ask another minor for a nake picture via text message in the state of Texas?
Arthur's answer
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Answered on August 21, 2012
YES
Archived
Marital exclusion of the estate tax of the foreign spouse .
Spouses who are foreign citizens ,even if they are the permanent
Arthur's answer
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Answered on August 21, 2012
It is not the person who died that the estate tax laws in this area are aimed at, it is the person to whom the property is left. Thus if a citizen...
Archived
Can someone besides the person on the title take out auto insurance on a vehicle?
Arthur's answer
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Answered on August 21, 2012
In order to insure something you need to have an insurable interest in the item. Seems a little foolish for your boyfriend to buy something he...
Archived
Unusual asset found in estate. It is a "Barter Club Card" with a positive balance. It can not be converted into dollars
Arthur's answer
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Answered on August 21, 2012
I'm not sure this is really a question that involves legalities, but you could try to sell it.
Archived
Mom had pourover will, need to open probate and let our disinherited sister know?
Arthur's answer
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Answered on August 21, 2012
Unless your mother funded the trust you refer to during her lifetime with all of her property, then the will will have to be probated in order for...
Archived
What should be included on a original petition if I'm being sued for 15,000 in credit card debt in TX?
Arthur's answer
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Answered on August 21, 2012
Mr. Stumpf is absolutely correct. Hire a lawyer to represent you.
Archived
Who will represent me in court?
Arthur's answer
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Answered on August 21, 2012
You need to hire another pi law firm immediatly.
Archived
Regarding REAL ESTATE...What hold the weight- the NOTE or the DEED?
Arthur's answer
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Answered on August 21, 2012
In Texas when you buy property and borrow money, there are multiple documents that you sign and receive. First you sign a note to borrow the...
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