Archived
Do you have to be related to person who died without a will in order to file a small estate transfer form or informal probate?
Ian's answer
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Answered on May 15, 2016
I am sorry for your loss! While the value of the property is such that a small estate transfer is possible, as has been indicated, the legal heirs...
Archived
Does my sister and I have a right to her half the house and her belongings.
Ian's answer
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Answered on May 12, 2016
I'm sorry for your loss! Depending on the way your mom & her friend held title to the house, you and your sister may very well be entitled to...
Archived
Will my income I produced within my business be protected from the medical debt and collection activity from my personal debt?
Ian's answer
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Answered on May 10, 2016
I endorse what Mr. Knight has said. The LLC statutes in Arizona are very strong from an "Asset Protection" standpoint. If you follow the...
Archived
How do I obtain a court order ? Where would I go in the legal system ?
Ian's answer
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Answered on March 04, 2016
I am sorry for your loss! Timothy has definitely hit the nail on the head. You are likely to have to file for a probate in Florida. If your Mom...
Archived
Can and how do we elect to be taxed as a "single-member" LLC and do tax paperwork as a sole-proprietor not a partnership?
Ian's answer
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Answered on March 02, 2016
Because you are joint filing as a married couple in Arizona (a Community Property state) you can have your LLC regarded as a sole proprietorship or...
Archived
How do I get the copy of the will legalized or should I do a formal probate as though there is no will.
Ian's answer
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Answered on February 08, 2016
In Arizona, if the current equity in the home is below $100K, then a probate is not necessary to claim and sell the home. There is an alternative...
Archived
Registering new self-owned business - LLC or Corporation. Or LLC as an S-Corporation. What's best?
Ian's answer
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Answered on November 03, 2015
I would say in most cases you start out as a LLC that does not elect S-Corp status. The benefits of the S-Corp election come in the way of possible...
Archived
Do I need to set up an estate account or go through probate?
Ian's answer
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Answered on July 31, 2015
I am very sorry for your loss, you have my condolences!
The quick answer, given the facts as I understand them, is that probate is likely NOT...
Archived
I was appointed MPOA not knowing it was conflict of interest can I cancel it since its only witnessed not filed in court?
Ian's answer
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Answered on May 14, 2015
You are never forced to act as power of attorney, so you can and should resign as agent if you feel there is a conflict.
Check the POA document to...
Archived
Does a bank have the right to take everything out of a deceased one's safe deposit box?
Ian's answer
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Answered on May 14, 2015
A bank should only grant you access to the safe deposit box if you received legal authority to do so. Either your father granted you this authority...