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I am a beneficiary in a irrevocable family trust. I am on SSI and want to disclaim my inheritance.
Ruth's answer
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Answered on April 16, 2013
If you disclaim, you lose your SSI benefits for up to 3 years, depending on the amount of the inheritance you disclaim. When you disclaim, your...
Archived
I am over 59.5yrs old. Am I legally able to take $136,000 from IRA, use 121,000 down for condo; add rest to savings for debtsvc
Ruth's answer
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Answered on April 16, 2013
Yes, you can take those funds out of your IRA, but you probably won't have $15,000 left over after you pay the federal and state income tax due on...
Archived
Can we require that 4 adult children keep our house (left to them in trust) in S Clara Valley and rent it instead of selling?
Ruth's answer
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Answered on April 16, 2013
Yes, you can. Should you?
Archived
My husband in a nursing home and on medi-cal. If he passes away can the state take away/attach his (2) life insurance policies .
Ruth's answer
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Answered on April 16, 2013
No. There is no recovery claim by the Department of Health Care Services during your lifetime if you survive him. You are the beneficiary - you...
Can an insolvent estate due to back taxes be probated using monies from the estate first before the government?
Ruth's answer
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Answered on April 16, 2013
You need court costs as the retainer for probate, not a part payment on the attorneys' fees. I suggest you talk to a good accountant or a tax...
Archived
Our grandfather (deceased) established a will for his 4 children + 1 granddaughter.The granddaughter is the only remaining heir,
Ruth's answer
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Answered on October 23, 2012
You need to consult with an attorney in Louisiana about obtaining appointment of a successor executor, if the property has not yet been distributed...
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