What arrangements does parent need to make with mortgage lender and in her estate plan so her son can retain low rate?

Under federal law, the bank has to let you assume the mortgage if you inherit the home from mom. HOWEVER, if you fail to pay, they can foreclose.

Divorce: what happens in a case where spouse's father who has gifted him wealth but spouse plays bankrupt and father dies?

Father is rich, son looks rich (because of the father). The son inherits according to the estate plan of the father. If father knows that son does...

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Is there any State that allows you not to show up to court in a Chapter 7 bankruptcy?

1. Bankruptcy is federal not state, the rules do not change from state to state. Who is going to check to see if a warrant is out for your...

My father passed in 2012 n I recently received a letter from an insurance company looking for a family member what do I do?

In almost all cases, the beneficiary designation the insurance company has governs. Exceptions tend to be where the change was provided to the...

I am in Probate for a real property left by the deceased who died intestate.

The other answers missed the property tax implications. If you want the house and do not want an increase in property taxes, You need to have the...

What is the definition of an incompetent person under Probate Code Calif?

If under a conservatorship, the person may or may not retain the right to vote. Any change in a conservatee's estate plan will have to be approved...

I have two quick questions, first can a trustee who is also a beneficiary favor themselves, if they became trustee, via a

The trustee is a fiduciary. They have to be neutral. The gifts in lieu of fees should have been disclosed to every beneficiary. They really should...

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Hello, first post, LA, Ca. (Mosk) Probate Court How to establish if my extrinsic evidence and my affidavit created a trust?

I agree with the other attorneys. You can check to see if the real property is in a trust. A real estate agent can do that quickly.

Three brothers jointly own several real estates property, can just one brother evicts a tenant without the other two to agree?

If you are on title, you cannot be evicted. If you are not on title, you can be evicted like any other tenant.

My mother gave me a power of attorney for my youngest sibling to live with me; Is that document enough to be his legal guardian?

No. Only a court can grant guardianship The POA may be of some help to show that you should become his guardian. The Ventura court will want an...