Archived
I need to reduce an arbitration award to judgment. The award was given in CA but the debtors live in Georgia.
James's answer
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Answered on October 27, 2014
Follow these steps:
1. Reduce arbitration award to judgment ion CA. ;
2. Domesticate CA judgment in GA;
3. Enforce judgment in GA or any other...
Archived
Chapter 7 bankruptcy. Term life insurance. terminally ill client. Can trustee force the disbursement from insurance b/c terminal
James's answer
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Answered on October 27, 2014
Unclear if Bk has already been file. Filed?
Value of the life insurance is property of estate and must be exempted to avoid liquidation in a C7. ...
Archived
Do family members have the legal right to be informed of the death of an immediate family member?
James's answer
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Answered on October 27, 2014
Distinguish moral right from legal right.
Moral Right -Yes in most cases. Immediate family members have a right to know of death of immediate...
Archived
My mom's estate was granted 9/25/2014 and we were told distribution would be 10/10/2014. Nothing has been distributed as of yet.
James's answer
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Answered on October 27, 2014
Not clear what status of administration is. Check LASC website for case information.
Archived
Inheritance
James's answer
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Answered on October 27, 2014
What is value of bonds? What is your question?
Archived
Which date of death value for stepped up basis do I use to calculate capital gains if any, my grandfather's or my father's?
James's answer
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Answered on October 27, 2014
Depends on who you are inheriting from. Father or Grandfather? Review all EP documents with EP counsel.
Archived
Asset protection from a lawsuit.
James's answer
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Answered on October 27, 2014
Depends. Some important questions follow: Are you trustor or beneficiary? Spendthrift clause? What type lawsuit? Review all facts and trust...
Archived
Does an insolvent estate require an IRS hearing to reduce an IRS tax lien filed after death or is settlement via probate?
James's answer
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Answered on October 27, 2014
You must work with both IRS and probate court. Work with IRS directly to remove the lien. Include the IRS liability in the Schedule of assets and...
Archived
Home (600k paid for) is in a Trust valued at 900k. I am 1/3 beneficiary, how do I buy out other 2/3?
James's answer
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Answered on October 27, 2014
You are referring to a distribution in-kind rather than pro-rata. Terms of trust control. Generally speaking, what you wish to accomplish can be...
Archived
How do I ad an amendemt to durable power of attorney in my living trust
James's answer
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Answered on October 27, 2014
Question not clear. Generally, POA and Trust are separate documents. May, or may not, be freely amendable at will. Depends on the documents,...
