Can a home be willed to one person to own while giving another person rights to live there forever?

It sounds like your father-in-law plans to leave his girlfriend what is known as a "life estate". Technically, she would not be a tenant; she...

Does California allow you to reinvest profits, tax free, from the sale of your home into a like property if you are over 55?

You are thinking of the OLD federal tax laws, which were changed almost 20 years ago ... and the reinvestment was for anyone, not only people over...

Legal guardianship

The check is to take care of the child's needs. If she's not raising the child, she doesn't get to keep the check. The information you obtain...

I'm very sorry about the loss of your grandparents and the executor's conduct. Yes, you may have a right to sue for copies of the photos. And as...

I put money in an annuity that was to mature, like a CD. Now, they say it's till I retire in 15 years. What to do I do?

First, contact the company where advisor #1 worked and file a formal complaint with them. Second, at the same time, contact the Cal. Dept. of...

My mom and Dad have no debt and their houses are paid in full. If I am named executor of estate will I ge able to sell the asset

Mr. Lively is correct. Once you are appointed as the executor by the Court, you can sell the house. However, you will need to go through the...

My mom died last night. I am her only kin, no will was made. She is +$20,000 in debt & a upside down house. What r my 1st steps

I'm sorry about your loss. The first thing you need to do is take some time and grieve. The legal issues can wait. Do you need the house...

Who would be considered Heir.

If your father's boyfriend did not have a will (or a living trust) that specified how his property should be disposed of, then under California law...

When will say divided 50/50 does the excuter have the right to pick what 50% they want 1st

Has this person been formally appointed as the executor by the court or merely nominated by the will? There's a difference. If he hasn't been...

I am aware that parents are allowed to give a monetary gift to their children up to a certain amount each year.

I believe you are talking about the "annual exclusion gift". This year it is $13,000 per person. It's not limited to family members - you could...