Portland, OR
Estate planning Lawyer at Portland, OR
Practice Areas: Estate Planning, Business ... +3 more
It depends what you mean by necessary. You can live without one; but, you are taking the risk of some serious costs and distress. Generally,...
If this is your son's property, what does he want to do? He will have to make the claim for its return. If he wants to pursue it, he must prove...
Yes, released from liability on the promissory note means no deficiency. However, read the entire document carefully sometimes this general...
It is hard to have a business that does not have any income. It may be viewed as a hobby under the tax laws. If you can prove it is a business,...
Hire an attorney and file an petition to appointed the personal representative of your father's estate. They will have to either produce the Will...
A key question is whether your father is alive and legally competent. If so, what does he want to do? Is there any reason he can't tell you or...
Listen to Bruce. He gave you a very good summary of your issues. With some effort and finesse, you may be able to navigate all of them and...
You must find the trust agreement to see what it says. The trust agreement says who is the successor trustee. If your step mother does not know...
If you decide that you do want to charge a trustee fee (after considering my colleague's points about income taxes), you start by reading carefully...
One key tax issue when you give property to someone is that the recipient receives your basis in the property. That means when that person sells...