Archived
My parents left a house in trust for me. They have since passed away and I quit claime the house to myself. Do I have to disbu
Sean's answer
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Answered on October 17, 2014
I'm not sure what you mean by "disburse" the property. A deed filing will remove the house from the trust and place it in your individual name....
Archived
What do i need to do?
Sean's answer
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Answered on October 17, 2014
If your mother has been appointed guardian by a court, the only way to have your sister moved to your house is to have your mother removed as...
Archived
My sons father lives in fl and owes 15,000 In child support can I put a lien on his living trust to get the money owed
Sean's answer
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Answered on October 17, 2014
I'm not certain about whether you can place a lien on the trust. However, living trusts provide absolutely NO creditor protection so the assets...
Archived
Is putting my IRA account into a living trust cause a taxable event at the time the trust is funded?
Sean's answer
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Answered on October 17, 2014
DO NOT PUT YOUR IRA INTO YOUR LIVING TRUST!! The IRS deems this to be a full distribution of the entire amount of the IRA making it all taxable...
Archived
Legally, do I ever have to explain WHY I have durable power of attorney?
Sean's answer
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Answered on October 17, 2014
I'm not aware of any state that imposes an affirmative legal duty to explain why you have a POA. You should respond with something like "so you...
Archived
Dissolving a business partnership with no signed agreement?
Sean's answer
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Answered on October 17, 2014
In the absence of a written partnership agreement, state law will control how the affairs of the business are wound up and dissolved. I would...
Archived
Does the p.o.a of a ill lady have the right to make decisions many states away after death? Also to allow village to belongings
Sean's answer
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Answered on October 17, 2014
The short answer is no. The Power of Attorney "died" at the time the lady passed away. It is no longer valid and the only way to act on behalf of...
Archived
Regarding Texas Inheritance Law. Can my student loans affect inheritance of father's property to my siblings and myself?
Sean's answer
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Answered on October 17, 2014
You should speak with a probate attorney as soon as possible. Without further information or specifics, it is difficult to say.
With that being...
Archived
I have a $92 check to the estate of my mom. Do I need to open a special account? Is it too much hassle for this amount?
Sean's answer
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Answered on October 17, 2014
The problem that you may face is that the check is issued in the name of your mother's estate. In my experience, banks are going to need more than...
Archived
How to I obtain my deceased parents bank records?
Sean's answer
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Answered on October 17, 2014
You really don't have many options at this point in time. Your best bet would be to ask your brother for copies of the bank statements. Out of...