Archived
I recently discovered that the home i grew up in and my mother (now deceased w/o will) paid for is not in her name.
Eliz's answer
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Answered on May 04, 2011
You question has been well covered above but see an attorney today. The longer you wait, the harder it becomes, especially if there are liens...
Archived
Can I remove my name from a living trust
Eliz's answer
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Answered on May 04, 2011
The debt is tied to the real property, not you. Unless you co-signed on the loan, you have zero liability to personally pay his debt. His assets...
Archived
Are estate planning attorneys usually not present for the client's signing of their estate planning documents?
Eliz's answer
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Answered on May 04, 2011
It is bad form to have a paralegal or secretary there for the execution of documents. I am always there to make sure the documents say what they...
Archived
If I get power of attorney for my mother, will I inherit her timeshare (which I don't want) if she dies?
Eliz's answer
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Answered on May 04, 2011
In California, just because you are acting on behalf of someone via a POA, that does not make you become the person for whom you are acting. You...
Can a power of attorney that was assigned to someone, be transfered to another person without the main persons consent?
Eliz's answer
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Answered on May 04, 2011
Not a guardianship but a conservatorship is needed and ASAP. Also, the POA needs to be revoked, a new agent appointed, and notice of that given to...
Archived
Will a Durable Power of Attorney be in effect if the trustor dies and has no will or trust
Eliz's answer
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Answered on May 04, 2011
The "Power" dies with the Principal, here, your Mother. You will not be able to settle anything with it and may have to go through a probate to...
Archived
Seeking guardianship of 15 year old m I have raised as my niece since her mother was killed by her father, grandma has custody
Eliz's answer
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Answered on May 04, 2011
Who are you in relation to Grandmother? If she has been living there a long time, it is harder. If you are a family member too, that is good. ...
Archived
I have a 71 year old mother has a mental illness and has hired a lawyer to help her with financial matters. Her lawyer assisted
Eliz's answer
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Answered on May 04, 2011
They moved out of the jurisdiction of MI when they left the country. You can try to intervene in Macedonia but would want a lawyer there. As his...
Archived
Who is responsible for the debt of an estate when there is no power of attorney or will?
Eliz's answer
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Answered on May 04, 2011
The short answer is the estate is responsible for the debt of the decedent. If he does not have enough assets to cover the debt, there is a...
Archived
Does the money to the beneficiaries of a surrendered Irrevocable Life Insurance Trust have to declare this as income?
Eliz's answer
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Answered on May 04, 2011
Generally, no, you don't have to pay tax on a life insurance death benefit. If a life insurance death benefit is paid to you in a lump sum or other...
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