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All bank accounts and property are in the name of the trust. The trust is now irrevocable. With designated p.o.d.
Christine's answer
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Answered on April 14, 2014
If the POD states to the trustee as trustee of the trust, the other attorneys are correct. The only exception would be if the trustee's name...
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I was the trustee of an estate & pursuing a lawsuit. Can I continue if estate was closed by mistake.
Christine's answer
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Answered on April 14, 2014
Technically you need to have legal authority to pursue the lawsuit. If the lawsuit in TX is filed with the estate as the plaintiff, you need to...
Archived
I was the trustee of an estate & pursuing a lawsuit. Can I continue if estate was closed by mistake.
Christine's answer
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Answered on April 14, 2014
Technically you need to have legal authority to pursue the lawsuit. If the lawsuit in TX is filed with the estate as the plaintiff, you need to...
Archived
Gf's dad wants to gift us the equity in his house by either selling for what's left on the loan or adding us JTWROS. which one?
Christine's answer
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Answered on April 14, 2014
You really need to meet with an estate planning attorney. That said, if she purchase the property for the amount left on the loan, she would take...
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Any NEW changes to the Federal Tax Code regarding MediCAL, and the children of parents having to pay their debt after death?
Christine's answer
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Answered on April 14, 2014
Her estate is responsible for any debt to MediCal. If she has no estate, the debt will be absorbed. You are not personally responsible for that...
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I created a Living Trust last year. Can it be turned back into a simple will?
Christine's answer
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Answered on April 14, 2014
You can revoke the trust as long as the document allows it. That will not revoke power of attorney however - you would need to specifically revoke...
Archived
What is the statue of limitations on a quiet title when challenging a probate decision.? Also is possession an issue?
Christine's answer
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Answered on April 14, 2014
The deed to Buyer One was not a valid transfer. It appears Buyer One did not go through a proper escrow and get title insurance? It would have...
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Widowed mother passed away in 2013. How do we report transfer of real property to IRS?
Christine's answer
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Answered on April 13, 2014
Mr. Cross is generally correct. As long as there are no gains, the properties transfer tax free. They do however need to be reported through a...
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Whats the procedure when opposing side brings a petition to court,but is and has concealed material facts to court,
Christine's answer
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Answered on April 13, 2014
You need to find an attorney who can work with you on this. Honestly this is not a simple matter and the evidence, being presented correctly and...
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I need to file an amended opposition for summary judgment. The opposition is timely. Can I modify the
Christine's answer
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Answered on April 13, 2014
Yes you can. Try to include everything this time so it is easier for the judge to read as multiple amendments may hurt you.