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How do we go about completing the quit claim process, and how can we ensure that we pay no taxes or at least minimal taxes?
Michael's answer
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Answered on March 09, 2016
The process can be simple, but there are several traps for the unwary. Triggering the "due on sale" clause is one issue--this needs to be addressed...
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Archived
Do i have to provide copy of will and provide copies of all bills paid prior to death? Its a small estate not going to probate.
Michael's answer
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Answered on March 09, 2016
You may also want to consider filing and publishing a formal Notice to Creditors to make sure unknown claims against your grandfather's estate are...
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Do we need an Affidavit of Property Value along with the Quit Claim Deed?
Michael's answer
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Answered on December 29, 2015
If she puts you on title, the transaction is technically a gift as to the share she is giving you. A few things to consider: 1) A Real Estate...
Archived
Do I need to add anything specific to our new Shared Well Agreement to address the unique situation we have?
Michael's answer
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Answered on December 29, 2015
You are being prudent in considering how your arrangement affects your current situation, as well as for that of future owners. The Well Agreement...
Archived
My brother just passed away without will or anyone with power of attorney. he has more debt than assets. is family responsible?
Michael's answer
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Answered on February 19, 2013
Truly sorry to hear of your loss. The short answer is that the creditors of your brother's estate can only look to his assets for repayment. The...
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My grandmother is ill, i have received a lawyers letter from her estranged daughter asking me about my position in her affairs
Michael's answer
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Answered on February 19, 2013
It would be in your best interest to consult a local attorney to address this issue. Your grandmother, if she is capable of doing so, needs to...
Archived
Can my dad's executive of state (my sister) do anything to my daughter?
Michael's answer
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Answered on February 18, 2013
I agree that it all depends on the language of the promissory note and whether your daughter has complied with the terms of the note and the deed...
Archived
How Do I Create a Health care Power of Attorney for My Wife's Care ?
Michael's answer
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Answered on February 18, 2013
I concur with Mr. Elder's answer but would like to add that if you use a Power of Attorney form you should make sure that your spouse signs it in...
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