Archived
If a beneficiary of a special needs trust is incarcerated can the money be used for inmate packages or put on his books?
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Answered on February 11, 2013
The language of the trust document controls what you can do. If your grandson is on any kind of public assistance you need to be careful not to run...
Archived
Can a trustee of a living trust be held personally liable for a trust debt?
Harald's answer
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Answered on February 11, 2013
It sounds as if you are discussing active co-trustees. If so they both can be charged or sued. This highlights a danger of being a casual trustee.
Archived
What can I except if I am a beneficiary and my brother is my trustee? Does he give me a allowance every month ?
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Answered on February 07, 2013
Having been in this business for 30 years and having dealt with family situations of the sort you're describing many times your question is...
Archived
If property taxes are paid by someone who doesn't own the property do they automatically become owners of that property?
Harald's answer
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Answered on February 07, 2013
I think the answer in most cases will be no. Your question falls into the area of law called adverse possession. Under the facts the way you've...
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Archived
Mom died in intestate in California, she has a patent. How can I sell it?
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Answered on February 06, 2013
The proper procedure will depend on the value of your mother's assets including the patent. In California if the decedent died having personal...
Archived
Would I have to pay taxes on a retirement trust fund my mom left me when she passed away? It was 07 and 08?
Harald's answer
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Answered on February 06, 2013
You should have received a 1099 form from the payer. If the retirement fund that was paid out was a 401(k) or IRA that was tax-deferred you will...
Archived
Is there such thing as Next Of Kin?
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Answered on February 05, 2013
There most certainly is such a thing as next of kin. In fact the degrees of relationship are codified in state law. You will find it in the table...
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Three of us own a lot on the island of Hawaii in Hawaii. One of the owners is now deceased and the heirs have decided to give
Harald's answer
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Answered on February 05, 2013
Depending on the value of the property this may involve a probate proceeding in Hawaii. The co-owners may need to consult with a probate attorney...
Archived
Can a Small Estate Affidavit be filed in any court? Or does it have to filed in the city or county where the deceased resided?
Harald's answer
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Answered on February 05, 2013
Small estate affidavits do not get filed with the court, they are prepared by an attorney or perhaps by the financial institution, signed by the...
Archived
How can I get information about a will when it doesn't seem to be in public record?
Harald's answer
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Answered on February 05, 2013
I would suggest that you contact the named executor of the estate And advise him of probate code section 8200. This code section requires someone...
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