Does the California UTMA $10,000 limit apply to proceeds from a life insurance policy?
Roy's answer
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Answered on January 30, 2011
Yes. I concur with the immediate preceding answer to your quesiton.
Archived
My friend was living with his mother and grandmother. Grandma owned the house and about 6 other rental properties that were toge
Roy's answer
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Answered on January 30, 2011
i concur with the prior answer to your question. In addition I would like to add that where someone is place is a position of fiduciary...
Archived
How do I challenge a letter of administratrix of an historically important estate?
Roy's answer
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Answered on January 30, 2011
There are a lot of factual questions which you did not reveal in your question, all of which need to be thoroughly examined to determine what, if...
Archived
My 88yr old father passed away on Dec. 31,2010 a day before his birthday. He was on hospice for over a month. The hospice nurses
Roy's answer
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Answered on January 30, 2011
There are several issues here. First, was there a criminal act? To address that, you may want to contact your local police department. There is...
Archived
If 3 of 4 beneficiaries file a Disclaimer on a property in a Trust, will the remaining 1 receive 100% of the property?
Roy's answer
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Answered on January 24, 2011
With the full cooperatin of ALL persons involved, the disclaimer process will work. But depending upon the specific language of the trust, if one...
Archived
My Grandparents had an addition to their will stating I was to receive $10,000 when they passed.
Roy's answer
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Answered on January 24, 2011
I need to give you a little legal background to understand my answer. When a will is changed, typically the will is completely redone and includes...
Archived
Once a person is named in a will can they ask to be removed after the person dies? Can they be removed?
Roy's answer
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Answered on January 24, 2011
the California Probate Code specifically permits a beneficiary to disclaim any or part of an inheritance they might otherwise be entitled to...
How can a husband exclude wife from most of his assets upon his death & distribute the rest to other family members?
Roy's answer
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Answered on January 24, 2011
There are factual issues here which go far beyond those you have set forth. It is true that when someone gets married, the separate property they...
Archived
I am in the process of refinancing my house which is in trust. the estate firm will charge 300 to take out and 300 to put back.
Roy's answer
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Answered on January 24, 2011
Many lenders will not lend against real property held in a trust. Thus they will require that real property held in a trust be put back in the...
Archived
At what point does land change possession in a livinging trust...at the time of death or when the deed is changed & recorded
Roy's answer
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Answered on January 24, 2011
Your question is far more interesting than you think. First, you need to segregate the concept of "possession" from "legal ownership". If you dig...
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