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What can I do to alleviate my debt situation? I don't think I can pay it off. What are my next steps?
James's answer
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Answered on June 29, 2015
Student loan debts require special knowledge to negotiate and discharge.
Options include working with creditor and/or U.S. Department of Education...
Selected as the best answer
Archived
What does "good faith" really mean when dealing with the actions of a trustee?
James's answer
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Answered on June 29, 2015
Yes. Trustee has fiduciary duty to acts in best interests of beneficiaries and interested parties.
Good faith is a term of art which allows...
Archived
My dad died and there is no one on his mutual account i have 3 brothers do we all need to be the successor or just 1 of us
James's answer
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Answered on June 29, 2015
No. Any one or all three of you may petition individually or as co-personal representatives to be appointed probate personal representative for...
Archived
Hello, i need legal advice from you EXPERTS. How do I protect my personal assets from future lawsuits, liens and etc.?
James's answer
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Answered on June 29, 2015
No. Offshore company is not only way to protect personal assets. Can be very effective.
Yes. Various strategies which replace or complement...
Archived
In mediation, how are legal fees handled?
James's answer
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Answered on June 29, 2015
Allocation of legal fees usually borne by each party. Each party pays their own legal fees and costs.
Cost of mediator usually shared by parties....
I am considering suing my brother for breach of fiduciary duties. He is the trustee of my father's trust.
James's answer
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Answered on June 29, 2015
Brother has fiduciary duties to beneficiaries and other interested parties. He has duty to act in best interests of all affected parties. ...
Archived
What is my legal standing with gaurdianship of my grandson and firearms
James's answer
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Answered on June 29, 2015
As guardian, you generally control access to ward. Types of behavior you cite are dangerous to ward. These behaviors support denying...
Archived
We are planning on keeping our vehicle ,Can the judge deny my car reaffirmation contract ? if so what are some reasons.
James's answer
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Answered on June 29, 2015
Yes. Reaffirmation agreements are subject to court approval. Common reasons for court not approving reaffirmation:
-oppressive terms of...
We have a revocable living trust. We plan to buy a new car. Would it be advisable to put it in the trust?
James's answer
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Answered on June 29, 2015
Maybe. Prudence of taking title to vehicle in trust depend on number of factors, including, not limited to:
-ease of administration when all...
Archived
When a Trustee replaces another Trustee that has made payment authorizations on liabilities, are they required to be honored?
James's answer
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Answered on June 29, 2015
Maybe. Current trustee has fiduciary obligation to all beneficiaries and interested parties.
Not clear. Facts not sufficient to opine on...