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My friend pass away and leave me a real property in his trust, he die 2 months ago when and how the house will pass on my name?
Henry's answer
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Answered on August 18, 2010
Something does not sound right here. You should obtain your own local counsel immediately before it is too late. You need to determine whether...
Archived
I bought property 8 years before marriage. Can I split its value between my husband and brother in a trust?
Henry's answer
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Answered on August 18, 2010
This property would be considered your separate property and you can leave it to who you want. However, once you are married you can begin...
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How do you find out about a living trust of a person that has passed away?
Henry's answer
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Answered on August 18, 2010
You will need to put on your investigators hat. If she had an attorney contact him or her first to see if they know whether a trust existed. ...
Archived
Power of Attorney
Henry's answer
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Answered on August 18, 2010
If the daughter is invalid it is possible that she does not have the capacity to sign a power of attorney. You also do not indicate whether she is...
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I paid for my mothers funeral expenses before her life insurance money came in.can i get the money back like a creditor?
Henry's answer
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Answered on August 18, 2010
The objective of probate is to insure that all of the debts of the estate are paid first. Does the will address the payment priority and...
Does my signature need to be notarized to make an amendment on a revocable trust?
Henry's answer
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Answered on August 18, 2010
If you have the power under the trust agreement to amend the trust it does not require notarization. An amendment can just be signed by the party...
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Do I have a right to this?
Henry's answer
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Answered on August 18, 2010
For this account to be trust property it would need to be titled in the name of the trust. However, this property was apparently titled in you and...
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My 70 yr mother in law sold her house, what is the best way to avoid paying taxes on $430,000? She paid 30,000 for the house.
Henry's answer
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Answered on August 18, 2010
The capital gain on the house will be the sales price, less her tax basis in the property and any commissions and closing costs. Her tax basis in...
Archived
My father died leaving everything to my brother and I. The estate is worth ALOT
Henry's answer
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Answered on August 18, 2010
I agree with attorney Ziebold. You should go to the probate court in the county where your father died and determine whether probate has been...
Archived
Can the Tax Court make a summary judgment without prejudice?
Henry's answer
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Answered on August 17, 2010
Once the tax court renders a decision on a motion for Summary Judgment it is a final decision. The tax is then assessed and the 10 year collection...
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