Questions answered by Michael Leo Potter

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I've been named as a beneficiary in and irrevocable trust set up by my late Aunt.

Michael's answer | Answered on July 25, 2014

Forget the 'strongly worded letter'. Have your attorney file a Motion to Compel a Complete Fiduciary Accounting and a Motion to Replace the Trustee...

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Property listed in a trust does not in fact have a deed in trust. How do you handle the property now?

Michael's answer | Answered on July 25, 2014

If the property has not been re-titled into the legal ownership of the Trust then it's NOT "in there" and may have to go through Probate in the...

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I'd like to know where I can research (for free, online) rules that pertain to how much an employee who receives free housing in

Michael's answer | Answered on July 25, 2014

Start with the Minimum Wage in California, and seek a free consultation with a Labor Law attorney. See Find-A-Lawyer' at the top of this page.

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Fiduciary accounting Living Trust

Michael's answer | Answered on July 25, 2014

The accounting must be done in accordance with California law. Your attorney should review it and seek an edit that lays out the details. See...

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Can medicad take my home i grew up in and make me sale? When dad died the house was put in my mothers name. Can Medicaid get?

Michael's answer | Answered on July 25, 2014

The home should be exempt from Medicaid Recovery as long as your mother lives there. Recommend you sit down with an Elder Law attorney for a...

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My mother lives with either my brother or myself...how much should we take out of her account on a monthly basis for 24/7 care

Michael's answer | Answered on July 25, 2014

Take your Mom with you & sit down with an Elder Law attorney. See 'Find-A-Lawyer' at the top of this page. Good Luck to both of you.

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Can a trust of the surviving parent over-ride a will of the deceased partner?

Michael's answer | Answered on July 25, 2014

Ruth's answer is - as usual - right on the money. The sooner you take the documents to a private consultation with an Estate Planning attorney the...

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Can I be held financially responsible for my mother in laws debt now that she is in a nursing home?

Michael's answer | Answered on July 25, 2014

Unless you stepped up & volunteered to take on her debt, the answer is no.

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How do I get my house deed in my name with a destroyed irrevocable trust and a new revocable trust?

Michael's answer | Answered on July 25, 2014

If the property & other assets have not been transferred into the legal ownership of the Trust then it has not been funded. Go back to your friend...

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II need help on an inheritance from overseas, so just a consultation to start

Michael's answer | Answered on July 25, 2014

I appreciate my colleague's recommendation. You may also want to consult a Certified Public Accountant to discuss the Gift Tax issues just to be on...

Michael Leo Potter's Answers (5702)

I've been named as a beneficiary in and irrevocable trust set up by my late Aunt.

Property listed in a trust does not in fact have a deed in trust. How do you handle the property now?

I'd like to know where I can research (for free, online) rules that pertain to how much an employee who receives free housing in

Fiduciary accounting Living Trust

Can medicad take my home i grew up in and make me sale? When dad died the house was put in my mothers name. Can Medicaid get?

My mother lives with either my brother or myself...how much should we take out of her account on a monthly basis for 24/7 care

Can a trust of the surviving parent over-ride a will of the deceased partner?

Can I be held financially responsible for my mother in laws debt now that she is in a nursing home?

How do I get my house deed in my name with a destroyed irrevocable trust and a new revocable trust?

II need help on an inheritance from overseas, so just a consultation to start