I have been married for about 3 years, no children in the marriage. I served 20 years in the army and was medically retired in 2015 and later that same year we were awarded a mortgage free home by the military warriors support foundation because ...
This is a Family Law question. Family law trumps most other rules where it is active. Ask your divorce lawyer or repost on Family Law. Oregon has a very vague standard for property divisions in divorce: "just and equitable". Not good for someone in your situation.See question
My daughter who lives is Salem is going through a divorce and has decided to give the house to her soon to be ex-husband. Since Oregon is a community property state can she just leave him the house and how can she have her name removed from the m...
I agree with my colleagues.
One point of correction in your statement. Oregon is not a community property state. It was never part of the Spanish empire (like California, etc) nor a California copy cat like Washington or Wisconsin.
It is a common law or title state like all of the rest of the USA.
So, title matters and your daughter must get her name off before she is divorced or live in limbo until the debt is paid off.
We inherited the house from our parents. She owns half and I own half
I agree with my colleagues and will just add, it also depends on what your Sisters situation is and what she wants. Is she married or have any children or grandchildren? does she have a Will? do you have any siblings?
If all of these are no, then it may not ultimately matter how your title is held because you will inherit from her. However, the pathway will be much more fraught with uncertainty and obstacles.
Much better to be joint tenants with right of survivorship or put the property in trust together.
My wife and I are both listed on the title to the house. We are creating individual revocable living trusts. Do we put half the interest in the house in each trust, or the whole house in each trust. This is in Oregon.
Your questions discloses that you do not understand what you are trying to do. Save yourself and your family a lot of money and heartache and hire someone how does.
The proper answer depends on the following factors:
1. your ages;
2. your respective health;
3. what else you own;
4. do you have Long Term Care Insurance?
5. Do you have children or grandchildren?
6. Are you US citizens?
7. Do you receive now or do you expect to receive any Medicaid or other low income government benefits?
8. What is your overall estate plan?
9. How do the trusts fit into the estate plan?
10. What do the trust agreements say?
I asked & paid $500 for a tax accountant (Fresh Start) for assistance. I literally live in a garage & the $500 was. The. last of the money I had. Once they reviewed, they wanted only 5000 to get it to go away! At that time, there was no levy, but ...
As you know, you have serious tax and legal problems. This kind of message usually is more effective to get low cost help if you take some responsibility for the mess.
You do not include some key information like the years for the taxes and when you filed the returns. this can make a big difference.
Also, You do not mention why you owe $39,000 to the US and state.
Generally, the options available to someone in this type of situation are:
1. If they taxes are not actually owed, then you could resist paying them successfully.
2. If not, file an Offer in Compromise based on doubt as collectibility, doubt as to liability or hardship.
You might check with legal aid, a law school or university tax clinic to get low cost assistance.
In my grandparents will, the property was to be given to their four children, one of which is my father. The property has not been transferred into any of their names yet. Now my aunt is trying to sell the property with out the permission of the o...
You need to do some more digging before you can have any conclusions.
1. Was the property owned by your grandparents on the date of their death (btw, how long has it been since they died?)?
2. If they owned it, did they state in the title to the property to whom it was to go to? This can bypass the Will.
3. Was the Will of your grandparents ever probated?
4. Who survived, your grandmother or grandfather? Did the survivor change the title or change their Will before they died?
It is essential to move quickly. Important rights can be lost if a time limit passes. You and your family could lose your ability to enforce your rights.
I purchased a parcel from Lake County (Oregon), but cannot get a title insurance policy for 10 years due to the way in which they foreclose the property from non-payment of taxes. Many buyers in different Oregon counties have this same issue when...
I agree with my colleague. the first place to ask is the title company. If you cannot get an answer there, consult an attorney. It is complicated.See question
My ex is a con artist and has stolen over $50,000.00 From me. I am now in debt with loans and am finding out she has been hacking my emails as well as making up false bills from state agencies and att. I am being billed for a $2000 phone bill that...
Yes, there is what is called innocent spouse relief for income taxes.
Look at the IRS website and contact a tax attorney to assist you.
My Father died Jan 2013, and in his will he left $30,000 to my children for their education. A living trust was set up in their name and the money was put in a Edward Jones brokerage account. The trustee is someone he knew a long time but we have ...
The beneficiary of the trust (your children) have an absolute right to the trustee to act solely in their interests and upon request to communicate with them. If they are under 18 years old, you can act for them.
This is a very worrying situation.
Immediately, today, hire an attorney and go after the trustee. Any delay and the money and the trustee may be gone.
I have a home (with some equity and a mortgage) and a paid off car for assets. Student loans are with Navient and Great Lakes and based on public stafford loans rather than private. total assets based on current market value (if house was sold) ...
I agree with my colleague. In general, the answer is yes, your estate will have to pay your debts.See question