Archived
A friend of mine has a trust that was set up in Illinois but moved to another state. Can she get it desolved in the current loca
Paul's answer
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Answered on June 28, 2013
Assuming that it is a revocable trust that your friend created, your friend can amend or revoke the trust at any time and recover the trust assets....
Archived
How do I fix a real property lien?
Paul's answer
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Answered on June 28, 2013
Talk with the title company. They may be able to insure over the exception created by the agistor's lien based upon your affidavit or proof of...
Archived
How does one go about establishing an endowment?
Paul's answer
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Answered on June 28, 2013
You can contact another attorney or the charity, also contact a community foundation about a donor advised fund. Depending upon your goals and...
Archived
I have a settlement trust fund im not supposed to get untill im 19. which is less then six months .
Paul's answer
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Answered on June 28, 2013
Depends on the terms of the trust agreement. If this is a structured settlement, then the funds may be held by a third party that won't release...
Archived
Do I have any legal recourse to recoup money paid to the IRS from the bank?
Paul's answer
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Answered on June 28, 2013
FIrst make sure that you address this with the IRS, if you have the correct documents from the contribution, then this can be resolved with the IRS...
Archived
My husband and I have outstanding taxes that we filed joint, how will this affect getting a divorce?
Paul's answer
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Answered on June 28, 2013
It won't affect your ability to get a divorce, but the settlement agreement or decree should address who is responsible for payment of the...
Archived
Creditor had my bank account garnished and now trying to garnish wages with same judgment amount?
Paul's answer
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Answered on June 28, 2013
Wage garnishments should be served on the employer, not you, I suspect you received a copy of the garnishment served on the employer. If you do...
Archived
How can I revoke myself as POA?
Paul's answer
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Answered on June 28, 2013
written resignation will work (have the successor agent keep a copy with the POA), but if the principal is still competant to act, I would...
Archived
Does a resignation have to be in writing in order for it to be legal?
Paul's answer
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Answered on June 28, 2013
Assuming it was employment at will (no employment contract), employer or employee can end the employment without any reason. Sounds like your son...
Archived
Do POD accounts go into probate if both POD beneficiaries die?
Paul's answer
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Answered on June 28, 2013
Yes, the account is vested in your aunt at her death since no POD beneficiary survived, so you either need to go through probate or if appropriate,...
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