Archived
CALIF: Quitclaming property jointly owned without spouse's signature into one's own trust of the property is that legal in CA?
David's answer
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Answered on July 10, 2010
I do agree with prior counsel, but this deed could be overturned on lack of capacity and elder abuse. You need to engage an attorney who...
Archived
Is there a time frame that a will needs to reported to and to whom?
David's answer
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Answered on July 10, 2010
I am in agreement that the Will needs to be lodged. The failure to file does not in any way affect the validity of the Will. Probate is a complex...
Corporate Transfer of Ownership to Surviving Spouse
David's answer
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Answered on July 10, 2010
I am not in agreement with the probate. If this is the only asset and the value is less than a $100,000, the shares can be transferred by a...
Archived
My 17 year old son received a large settlement. Can we prevent him from getting it before he is 21?
David's answer
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Answered on July 10, 2010
Actually, depending upon what the insurance company is willing to pay, ask your attorney about a potential structured settlement. If this is done...
Archived
Do i have to pay taxes on the forgiven debt from a short sale?
David's answer
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Answered on July 10, 2010
The other answers are correct assuming that you can show that all the initial loan proceeds were used to either acquire or improve the property. ...
Archived
My dad is in a skilled nursing facility and on MediCal. Each month I send his share of cost to the facility from dad's checking
David's answer
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Answered on July 10, 2010
There is no reason to sign as an attorney-in-fact. You probably want to take the position that Dad gave you half the account. If he did, and it...
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