Archived
Does a home owned in Ca automatically transfer to the surviving spouse at death or does it have to go through probate?
Roy's answer
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Answered on October 09, 2010
Depending upon whether the asset (even though held in his name alone) is community property, or separate property, and depending upon who has the...
Archived
Can one coexecutor of an estate in probate rent a property without permission from the other coexecutor?
Roy's answer
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Answered on October 09, 2010
Section 9630 of the California Probate Code provides that if ther are two personal representatives, both must concur to exercise a power. So one...
Archived
What are the responsibilities of distribution of things?
Roy's answer
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Answered on October 09, 2010
There are actually a multitude of potential issues involved all of which can't possibly be addressed without a consultation. For instance, it is...
Archived
How can I stop a probate?
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Answered on October 09, 2010
I read Mr. Fromm's answer, and I'm afraid I can't agree with him. When someone is appointed as the executor of a will, they have no obligation to...
Archived
My mother died in California in April of 2009. She had credit card debt of $50,000+ when she died.
Roy's answer
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Answered on October 09, 2010
I read Bradley's response to your question, and would agree with him. I'd also like to encourage that the trustee seek legal counsel to determine...
Archived
How long can you Claim Money on a Living Trust of which 20% is owing to you!!
The Trust is worth Millions???
Roy's answer
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Answered on October 09, 2010
The first things your friend needs to do is to determine some facts. To do this, he/she should make a request for a copy of the trust and an...
Archived
My mother passed away last month and she left about $14,000 to each of her seven children. Is this money taxable?
Roy's answer
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Answered on October 07, 2010
The money coming out of the CD will not be taxable, although any interest paid on it will be. As the the IRA, you have the ability of treating it...
Archived
Is it always necessary to go through probate if a will was left?
Roy's answer
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Answered on October 07, 2010
Legal title to the property is in your mother's name. Her name must be removed from legal title before it can be sold and clear legal title...
Archived
Do I need an estate planning attorney?
Roy's answer
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Answered on October 07, 2010
There certainly is nothing legally which would prevent you from preparing your own estate plan (wills, trusts, health care powers of attorney,...
My mom has a life estate-she lives in the house and would like to buy out the others that will receive the home when she dies
Roy's answer
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Answered on August 30, 2010
The answers will probably depend upon the type of vehicle via which your mother acquired her "life estate". If she was granted the right to live...
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