Trust. We're retired, own our home and have no debt. Do we need a trust to avoid taxes?

Not usually a good idea to place an IRA in a trust or make the trust a beneficiary of an IRA. An IRA bypasses probate as does a trust and both...

Yes, still valid if valid at the time of creation in MN.

My wife and I are making wills using Willmaker software. Must we have it notorized for it to be legal?

One of the disadvantages of using a software will program is that the program won't necessarily tell you all of the legal requirements to make a...

I live in MO, 1 of my children died, I want him removed from my will, is this legal?

Disinherit away. You do not owe any of them anything. In fact, you can leave your entire estate to charity if you want. Or leave their share to a...

Do powers of attorney or living wills have to be renewed periodically or are they permanent once signed?

Many providers will not accept a POA or LW that is more than 5 years old. They should be renewed. People change their minds. Or appoint someone...

If both parents live in the same house ,and one wants to leave with the child but the other will not alow it.What do u do

Wait until the objecting parent is not around and leave. If there is physical abuse or that person has made credible threats then get a restraining...

I live in Arizona ans my sons father is a civil in Iraq he will be returning to the states and tells me that he cant pay child s

I am not sure what a "civil in Iraq" means. If it mean he is a US citizen / resident currently working as a civilian in Iraq and returning to live...

If a house is worth less than we owe on it, should it be in our living trust?Will our kids be responsible for the difference?

A trust doesn't exactly give everything to the kids. The trust still owns the property, the kids are then the beneficiaries of the property. Lot of...

I am single and own a house. I have a will. If I were to marry and die first, would widows rights void the will?

Your new wife's rights do not invalidate your will but if you do not mention her she may have a claim to some property. This can be settled with a...

I'm married with two kids. I would like to know if my wife and I need to have a will and a living will

If something happens to both of you then your estate will pass to your heirs in SC under SC rules. If you have a will then the court does not need...