Archived
Am I responsible for property taxes from a living trust for the last ten years when it was only put in my name July 2014?
Kenneth's answer
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Answered on December 02, 2014
While you are not personally liable for the property taxes prior to July 2014, the County has a lien against the property for any unpaid taxes. ...
Archived
Can I sue my father's estate?
Kenneth's answer
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Answered on November 29, 2014
Short answer... Yes. But would you win, how much will it cost (both in money, stress and relationships) how long will it take, and for what...
Archived
How are surplus probate estate funds normally invested after creditors are paid off?
Kenneth's answer
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Answered on November 29, 2014
If all legally required debts, creditors and taxes (income and estate, etc) have been paid, then distribution should be the next step unless...
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Archived
If an estate executor failed to invest surplus probate estate funds, how do I calculate amount he is liable for?
Kenneth's answer
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Answered on November 28, 2014
You may not be aware of some of the contingencies the Executor may be planning for (ie. Taxes, lawsuits, liabilities, etc); I believe that...
Archived
My husband of 31 yrs passed away 2 weeks ago. I keep running into all sorts of difficulties. And am broke. Please help.
Kenneth's answer
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Answered on November 25, 2014
I am sorry for your loss. Death of a spouse was polled as the most stressful event a person can endure. My best advice to you is to create a TEAM...
Archived
If my mother died and left her house to me and my six sibling will I have to share with my deceased siblings children?
Kenneth's answer
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Answered on November 24, 2014
Depends upon whether your mother had a Will and if so, what does it say. If it was to my surviving children, then "no"; if it says to my...
Are we entitled to any of my deceased father's assets, with the passing of his second wife (no children) last week.
Kenneth's answer
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Answered on November 24, 2014
Did your father have a Will and if so, what did it say? We need to know in order to determine whether your father's estate passed by his wishes...
Archived
I have an old will from 26 years ago. Can I amend the beneficiary portion and refile or do i need a new one
Kenneth's answer
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Answered on November 20, 2014
You have too many significant events to do an amendment (i.e. Codicil) to your Will. You should start with a fresh, new Will and also review who...
Archived
2 person LLC, no operating agreement, one member wants to leave and the other will not let him...help
Kenneth's answer
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Answered on November 20, 2014
This is one of the flaws of either trying to do it yourself (i.e. forming the LLC with no Company Agreement, Buy-Sell Agreement, etc.) or using the...
Archived
How can I immediately close out a decedent's bank accounts when I am the court-appointed Personal Representative of her estate?
Kenneth's answer
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Answered on November 18, 2014
While I have never had this problem with probate administration in Texas, we can all agree that financial institutions don't like to lose assets...
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