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James Charles Shields's Answers (27631)

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Archived

What are the advantages and disadvantages of owning a home in a trust vs community of property for married couple?

James's answer | Answered on July 28, 2015

Yes. There are numerous advantages of holding title in joint revocable trust. Some common advantages: -privacy -probate avoidance -ease of...

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What steps do i take to get my sister,who is the trustee of my moms [last will & testament] to disclose our moms estate?

James's answer | Answered on July 28, 2015

Yes. There are time limits during which you must act to protect self. As practical matter, you should act soon ASAP to protect money from being...

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How do I safeguard my ownership stock in an overseas entity from a judgment in the U.S.?

James's answer | Answered on July 28, 2015

US creditor can localize the US judgment in Vietnam. After localization, US creditor may enforce the judgment in Vietnam. This is a real...

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Familiar Identity Theft- father uses son's social & forged w9. What charges could father face? Tax fraud? Forgery?

James's answer | Answered on July 28, 2015

Yes. Father can be charged with theft, forgery, identity theft, tax fraud and other charges dependent on facts not stated. Dispute entries with...

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Is there a way to get my inheritance from the trustee/my sister without a lawyer.

James's answer | Answered on July 27, 2015

Maybe. Trustee has obligation to timely administer the trust. This includes accounting to beneficiaries and distributing their share of...

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. Can I get a debt collection to lower the pay off with having a scheduled hearing?

James's answer | Answered on July 27, 2015

No. Inability to pay is not a defense failure to defend may result in judgment being entered against you. Settlement leverage improved if you...

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Chapter 7 in california. Are assets owned overseas protected or treated any differently?

James's answer | Answered on July 27, 2015

No. Assets owned overseas not treated any differently. Must be listed on petition and schedules. California exemptions apply.

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I recently found out my father died 5 years ago. My sister got everything. Can I contest it? I don't know if there was a will.

James's answer | Answered on July 27, 2015

Maybe. May be time to contest. Depends on facts not provided. You should have been given notice if probate opened or trust was administered. If...

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I'm a resident of WA but own real estate in CA. What's the easiest way to leave the property to CA tenants when I die?

James's answer | Answered on July 27, 2015

I recommend you prepared an estate plan including a revocable trust. Fund the property into the trust. Include distribution provisions in trust...

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If I'm going to put a lien on a house for non payment can they sue me?

James's answer | Answered on July 27, 2015

Sue in small claims court. Do not risk lawsuit for slander of title.