Archived
Trustee sold house, without notifying others it was supposed to be left to after he passed away or was confined.
William's answer
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Answered on June 13, 2013
Wow. Who would want to appoint someone as trustee who keeps going to jail. You really need to have counsel review the trust and what has happened....
Archived
2nd question. My father after divorcing his wife had his lawyer prepare a new will leaving all assets to my brother and myself
William's answer
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Answered on June 13, 2013
If I understand correctly, you submitted an old will for probate in Texas, and disregarded the new will you were aware of, and did not advise the...
Archived
How do I find out if I and/or my daughter have been named in a trust?
William's answer
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Answered on June 13, 2013
In general trusts are private documents. That is one of the benefits of using a trust. If you or your daughter are named in the trust as a...
Archived
Does a POD individual savings acct transfer to the beneficiary exclusively, or go to a living trust.
William's answer
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Answered on June 11, 2013
While these types of inconsistencies can create arguments, I agree that the srtrongest argument based on the facts you describe would be that the...
Archived
I'm looking for an attorney that would be willing to serve as an independent trustee on a trust.
William's answer
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Answered on June 11, 2013
I accept engagements of this type. I can also refer you to professional fiduciaries who you might consider. Obviously the first question to addres...
Archived
Pro's and con's of using a single member LLC for real estate
William's answer
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Answered on June 06, 2013
The cons would include, in California:
1. You will have a minimum tax of $800 per year to have the entity maintained
2. You have to file an...
How to convert a S-Corp to LLC taxed as S-Corp? What are tax implications of conversion?
William's answer
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Answered on June 06, 2013
THis is not a do it yourself project. The normal tax effect of a conversion of an S Corporation to an LLC is a taxable event, with tax based on...
Archived
Can i give my daughter money to buy a home and not have my son in law own half. they live in California . if i go on the title?
William's answer
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Answered on June 06, 2013
You certainly can do what you want. There are several vehicles, from a deed confirming separate property to a Post Marital Agreement or to a trust...
Archived
As a cosigner, can i remove myself from the auto loan, which the borrower is not paying?
William's answer
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Answered on June 06, 2013
There is not much you can do. The lender has no reason to remove you from the loan. That is why they wanted you to co-sign. You will have the right...
Archived
California divorce. Does my wife have any say in the sell of my business?
William's answer
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Answered on June 06, 2013
There are many faucets to your question, and you really need counsel to address the issues raised in your question. You really need capable counsel...
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