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My grandparents passed away back in 1990 and my we had an account that was left to me and my brother and he was the beneficiary
David's answer
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Answered on June 26, 2015
If the account was a payable on death account ("POD") and you and brother were beneficiaries, then you each inherit 1/2 of that account...
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Can I and my mentally ill sister pursue our interest in a mobile home inherited by my mother who put it in my brothers name?
David's answer
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Answered on June 26, 2015
Unfortunately, if your brother is on title to the mobile home, then it belongs to him. He now has the right to force a sale or evict.
If there is no appointed Executor of an Estate, as power of attorney can I appoint one?
David's answer
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Answered on June 26, 2015
if your relative has no Will then there will be no Executor once she dies. The estate will go into probate and assets pass by way of intestacy. ...
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Can former trustees be guilty of embezzlement in holding property for their own benefit?
David's answer
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Answered on June 25, 2015
It's not clear whether these two individuals were listed on her deed as individuals or as trustees of her trust. If it's the former, then it...
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"Do I need a real estate or business attorney?"
Both seller and broker did not disclose "material facts" about purchased venue
David's answer
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Answered on June 25, 2015
I'm curious about whether you negotiated a new lease when you purchased the business or you assumed the existing one. I'm also curious about...
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Tax on Real Estate Profits if Reinvested by the End of the Year
David's answer
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Answered on June 25, 2015
Your profit flows through to you individually. The fact that you use your profits and invest in more real estate does not shield you from taxes...
Archived
Is it possible to dispute a power of attorney?
David's answer
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Answered on June 25, 2015
If your grandmother has capacity, she can execute a new POA in your favor and revoke the old one. If she doesn't have capacity, you will have to...
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Archived
Does the FTB or IRS have authority to suspend a trust for failing to file a tax return or pay fees as it does for a corporation?
David's answer
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Answered on June 25, 2015
What kind of a trust? A grantor's trust? An irrevocable trust? A title holding trust? I've never heard of the FTB or IRS suspending a Trust. ...
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Home left behind without a will.
David's answer
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Answered on June 25, 2015
In all likelihood, you will have to open a probate in the state where the grandparents passed or where the property is located. Depends on state...
Archived
How do I get my company back?
David's answer
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Answered on June 25, 2015
Mr. Parikh is correct. If you really were an owner, you can't be "fired" without giving your consent. It's unclear whether you are an owner of...