Archived
As agent of my friend's POA, am I allowed to draft and sign a trust that names both my son and me as beneficiaries?
Gerald's answer
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Answered on April 04, 2016
Not enough information to give you a complete response. I recommend that you take the POA and the will to an estate planning attorney who can...
Archived
Do we need formal appraisals on the properties in the family trust?
Gerald's answer
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Answered on April 04, 2016
No a "formal appraisal" is not required, but an MAI appraisal is a good idea so that you can establish an actual date of death value for tax purposes.
Archived
Can you help negotiate maybe an offer in compromise
Gerald's answer
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Answered on April 04, 2016
There is not enough facts to properly respond to this post. I suggest the resources you have to pay on this debt. I suggest that you then consult...
Archived
Should all beneficiaries contribute to the remodeling of a home to be sold?
Gerald's answer
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Answered on April 04, 2016
The terms of the trust control. However, generally speaking the cost of the remodel should have been paid by all beneficiaries. In addition,...
Archived
Do trustees have to do something with the deed of the house after settlors death to ensure it is properly titled to them?
Gerald's answer
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Answered on April 04, 2016
Yes. If property was titled in the name of the settlor as trustee of the trust at the time the settlor died, the successor trustee needs to record...
Archived
Creditor /deceased estate /California/
Gerald's answer
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Answered on April 04, 2016
If you recorded the Abstract of Judgment it would have created a judgment lien against the defendant's residence. Depending upon the value of the...
What should I expect at the hearing and do I need to do anything ahead of time?
Gerald's answer
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Answered on April 04, 2016
Based upon the informtion provided, it appears that someone has opened a probate on your relative's estate. You were given notice because you may...
Archived
If I pay for a probate court fees and publication - When can I get reimbursed?
Gerald's answer
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Answered on April 04, 2016
You can reimburse yourself as soon as you are appointed executor/administrator. As others have stated, keep good records of all transctions.
Archived
My brother passed away he had no children or spouse our father passed but my Mom is alive I understand that all his assets got t
Gerald's answer
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Answered on April 04, 2016
I am sorry for yoru loss. If the gross value of your brother's estate is under $150,000 no probate is necessary and you should be able to collect...
Archived
Once I win a BK adversary proceeding, how do I tet house back in my name and payment for my emotional distress.
Gerald's answer
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Answered on April 03, 2016
I am sorry for your troubles. You definitely need to find another attorney to protect your rights. There are many resources to find an attorney...