Archived
Do I need to obtain a lawyer in the state where I am listed as a personal guarantee attached to a debt, or the state I live in?
Jonathan's answer
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Answered on January 14, 2011
The place of performance of the contract and the guaranty should be listed in the Promissory Note that was signed. That will dictate the...
Archived
How much in legal fees for having a firm assist in the selling process for a small insurance agency that is worth about $500+?
Jonathan's answer
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Answered on January 14, 2011
It will depend on if they attorney is acting in the position of a broker for the deal or simply drafting the purchase documents. Broker type...
Archived
Should any person really spend the money and make a will?
Jonathan's answer
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Answered on January 14, 2011
The most important part of leaving someone out of your Will is to insure you acknowledge their existence in the Will, and then either leave them...
Archived
If an estate is not going through Probate due to size of estate but a bank is requesting a letter of testamentary- help!
Jonathan's answer
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Answered on January 14, 2011
Check with the bank to make sure the ownership doesn't provide for automatic distribution to another owner, if any, and also check to see if there...
Archived
My two sons are my primary beneficiary to my 401K plan, if I re-marry how is the distribution divided in case of my death?
Jonathan's answer
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Answered on January 13, 2011
The proceeds of the 401k will be distributed to your sons by contract when you die. Your Will does not control the retirement...
Archived
I started a small home business with a friend and she is now getting a divorce. Will this affect our business?
Jonathan's answer
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Answered on January 13, 2011
You should check the operating agreement for the business, which will typically be called Bylaws, Company Agreement or Partnership Agreement...
In kind vs. cash distributions for an estate
Jonathan's answer
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Answered on January 13, 2011
It is a bit difficult to say without reading the actual Will. I am assuming the Executor is represented by an attorney so I would start by sending...
Sole heirs
Jonathan's answer
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Answered on January 13, 2011
A sole heir would mean a single heir to the mother's estate, perhaps an only child. She could name a sole heir in her Will or if she only had one...
Archived
Administratrix of estate
Jonathan's answer
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Answered on January 13, 2011
I am sorry for your loss. If you and your sister are having a hard time agreeing on who should administer your dad's estate one of you should go...
Archived
Can I contest a will that was left to an adopted step granddaughter as sole beneficiary (not legally a true relative)?
Jonathan's answer
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Answered on January 13, 2011
Your Uncle has the legal right to distribute his estate to whomever he wishes, regardless of whether or not they are a blood relative. So long as...
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