My husband was gifted his mom’s house. The quit claim deed is in just his name. How can I be added?
Thank you.
Katie's answer
|
Answered on March 23, 2020
The first question is whether your husband desires to add you to title. Since you live in a community property state, but gifts are considered...
When I give info to a trust lawyer, other than giving account #'s , do I need to disclose $ amount for each account?
Katie's answer
|
Answered on March 18, 2020
Are you talking about when doing your personal estate planning? Or are you talking about a trust administration after someone has died, or a...
Archived
How is the cost basis calculated if my wife buys out her brother's 50% share on inherited property, but then decides to sell?
Katie's answer
|
Answered on February 03, 2020
The inherited portion is $300k (her 1/2 of the $600k) and her purchase price becomes the basis for the second half (in your example is also $300k),...
Archived
I purchased a home w/ a sibling that our parents live in. Getting married soon& wondering how to protect home. Quitclaim? Trust?
Katie's answer
|
Answered on August 09, 2019
This question might require a consultation rather than a simple answer on the forums. How did you take title? Do you already have a trust? Are...
Archived
Mom died 9/17 trustee gave us equal amounts $600k so far taxes paid. she will not release the last $450K how can i force her
Katie's answer
|
Answered on June 27, 2019
Keeping a reserve is a fairly common practice. The size of the reserve may be excessive, but the trustee may be worried about things like property...
Will my trustee be able to get the funds from an online money market account that does not allow Trust beneficiaries?
Katie's answer
|
Answered on May 06, 2019
Do they allow you to name beneficiaries of the account such that it would pay directly to those beneficiaries at your death? This could possibly...
Archived
If you put a asset, ie house, into a LLC from a family trust can you lose a exemption you received when you inherited the house
Katie's answer
|
Answered on May 06, 2019
Agree with the others - lots of moving parts here and not enough information. Firstly, not sure how the kids inherited with the...
How do I designate someone to care for my minor son if something happens to me ?
Katie's answer
|
Answered on April 23, 2019
Generally, guardians are designated in a Will. You also may want to consider creating a living trust to leave your assets to your child at your...
We have a rental property in revocable trust in CA. Should the trust name be used for signing rental agreement or our own names?
Katie's answer
|
Answered on April 23, 2019
The owner of the property should generally sign the leasing deed (trustee of the trust) unless the owner has authorized an agent to do so on its...
Archived
How do I remove a partner from a business?
Katie's answer
|
Answered on April 22, 2019
It depends on a lot of things: what type of entity, is there an operating agreement, if there is then what does it say, are there tax implications...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained