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WHEN DOES PROBATE END IN MISSISSIPPI? MY SISTER AND I ARE THE ONLY SURVIVORS LEFT AND WE ARE IN AGREEMENT ON EVERYTHING
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Answered on November 16, 2010
Probate can take anywhere from four months to several years, depending on the assets involved. Creditor notification takes at least 3 months, so...
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Succession rights in Mississippi
Jeramie's answer
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Answered on October 27, 2010
Under Mississippi law, if the decedent leaves no spouse or children, his estate is split among descendants of his ancestors, beginning with father,...
A certificate of deposit. If a co-owner dies does half of the value of the CD and interest belong to the deceased estate?
Jeramie's answer
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Answered on October 17, 2010
It depends on whether or not the account was titled with survivorship rights. There are two forms of joint ownership in Mississippi. The first is...
My father died how do I get the title to his car
Jeramie's answer
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Answered on October 11, 2010
You should contact the Mississippi Department of Revenue, Title Bureau, and fill out the appropriate paperwork. Their web address is...
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Can you please explain how a living trust works in this case? I am the Trustee for my mother's assets (she has dementia).
Jeramie's answer
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Answered on August 26, 2010
Unfortunately, serving as trustee can come with a degree of scrutiny by beneficiaries. At a minimum, you need to document everything. Keep...
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Can a child's trust be extended?
Jeramie's answer
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Answered on July 26, 2010
The golden rule of trust cases is this: the terms of the trust control. If the terms are unclear, the grantor's intent in establishing the trust is...
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????
Jeramie's answer
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Answered on July 22, 2010
You need to think about the real estate transaction as separate from the estate administration. While the court can order the sale of real estate...
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Change/Amendment to an existing Living Trust
Jeramie's answer
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Answered on July 19, 2010
The answer will depend on the terms of the trust. The typical "living" trust is one that is established during your lifetime and is fully revocable...
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My father and mother were in a nursing home.my brother drew up a will leaving everything to himself.
Jeramie's answer
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Answered on June 30, 2010
It sounds like this case may involve undue influence. Undue influence is a common ground for will contests. The issue usually arises when someone...
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I want to purchase property that is in a trust. How do I go about this?
Jeramie's answer
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Answered on June 25, 2010
A trustee is the "legal owner" of trust property and can convey it as an individual could, subject to fiduciary duties and limitations on powers...
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