Archived
LLC was formed, article of organization filed, property title was changed to LLC name ALL WITHOUT SIGNATURES of all members
William's answer
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Answered on August 02, 2013
Can it be done? Yes. Is it properly funded? Likely not. Your note is not clear whether the entire beach house is owned by the LLC, or just 7/10 of...
Archived
Father's IRA listed trust as a beneficiary, precludes ability to inherit/stretch, what can be done after the fact?
William's answer
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Answered on August 01, 2013
And give careful thought to whether you want to stretch it out. Do you expect tax rates to rise? So do I. Do you think your personal earnings and...
Archived
My mother passed away & did not leave a will. How can I become an Administrator of the estate without going into probate?
William's answer
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Answered on August 01, 2013
I see you are getting conflicting responses and that may be confusing. You are not able to be appointed administrator without a probate proceeding....
Archived
I am a 50/50 Share Holder in an S-Corp . I want to leave the company and sign the shares over to my partner.
William's answer
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Answered on July 31, 2013
Please keep in mind that transferring your shares will not relieve you from any personal guarantees or credit lines you may have signed to help the...
Archived
What is the time frame does the trustee have to deliver copies of receipts to all parties in the trust?
William's answer
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Answered on July 31, 2013
I'm not sure what you mean by "receipts" Are you running a business? Are you selling real estate? What does an escrow have to do with it?
Other...
Archived
I now own 3 houses, have no kids and a seperated for 7 years wife out of 29 yrs. Do I need a living will, or a trust?
William's answer
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Answered on July 31, 2013
What do you care what happens? You will be dead. Just forget it and die quietly and let them work it out. All the tenants, the lenders on the...
Archived
Can an existing title Husband and wife, as joint tenants, (do change under one deed), to community property with rights of survi
William's answer
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Answered on July 31, 2013
Yes, but you need a carefully crafted deed to do the transfers and to assure you avoid documentary transfer tax and Prop 13 reassessment.
Archived
Trust, estates, POA and conservatorship rights in California
William's answer
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Answered on July 31, 2013
It is probable the insurance company will pay no one until either an agreement is reached by all parties or a court order is made. You need counsel...
Archived
Wife protecting assets
William's answer
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Answered on July 31, 2013
An effective marital property agreement will help in your defense. The segregation of assets and maintenance as separate property, which you are...
Archived
Do I need to prepare a trust accounting?
William's answer
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Answered on July 31, 2013
You absolutely need to do an accounting. This is for your own protection as well as the protection of the beneficairies. If you are uncertain how...
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