Archived
My Grandma added me to a Trust she has. Will I incur any of her debt etc. ? I know I am the Beneficiary and will get the house.
Robert's answer
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Answered on May 18, 2017
I agree with the prior answers. Your grandmother's debts get paid from her estate before gifts to her beneficiaries. So the debts have the effect...
Archived
Trust question
Robert's answer
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Answered on October 05, 2016
Yes, you will need to hire a good litigator who is knowledgeable about trusts and estates. The verbal instructions have little, if any, probative...
Archived
Can my mother restate/amend her living trust to change terms of the trust after her spouse recently passed away
Robert's answer
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Answered on October 05, 2016
Most likely she can ammend to accomplish her desires, but the trust would need to be examined to make sure.
The trust only affects property that...
Archived
Chapter 7 Bankruptcy in MI - Mortgage payments not being reported because lawyer never filed reaffirmation paperwork
Robert's answer
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Answered on October 05, 2016
I agree with the others who have answered that I would very seldom recommend a client to reaffirm a mortgage. Such would carry too much risk of...
Archived
Can I stop my bankruptcy I have 21 months to go
Robert's answer
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Answered on October 05, 2016
If you stop making payments to a Chapter 13 trustee, the trustee will ask the court to dismiss your case and you will be out of bankrutpcy. You...
Archived
In the state of Iowa, if someone has multiple living trusts and multiple wills, which takes precedents?
Robert's answer
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Answered on August 16, 2016
A good first step would be to investigate whether the trust for the church is really irrevocable and, if so, what property has actually been placed...
Can a creditor garnish my wages for my wife's medical bill
Robert's answer
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Answered on August 16, 2016
Utah Code Annotated §30-2-9 provides:
"Family expenses — Joint and several liability.
The expenses of the family and the education of the...
Archived
Do we need a trust, or can we get by with a simple agreement? about what would it cost?
Robert's answer
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Answered on August 16, 2016
I agree with Mr. Zelinger. However, I would add that another hazard of joint ownership or tenancy in common is that it exposes the property to the...
Archived
How do I know if there is a tax lien on my record from 30 years ago from a previous divorce ?
Robert's answer
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Answered on July 26, 2016
The IRS Statute of Limitations on collection of assessed taxes is 10 years. So unless the IRS Sued you to collect the taxes, it is unlikely that...
Archived
What are the prices for chapter 7
Robert's answer
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Answered on July 26, 2016
Bankruptcy doesn't have a national fixed attorney fee schedule. Attorneys usually charge according to their experience and reputation as tempered...
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