Can a married couple divide their real estate assets on a 50/50 basis each putting his/her half into a revocable living trust?
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Answered on November 10, 2015
The planning objectives you've identified can definitely be done with 2 revocable living trusts. For drafting the trusts, special care should be...
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In a probate matter, Can I claim back net rental income from a rental property?
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Answered on November 10, 2015
If the decedent had a legal claim to the money, then generally the personal representative of the estate would be able to claim it in the probate...
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How can I legally cash my ex boyfriends tax return check, if he is in jail?
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Answered on March 02, 2015
Several options: have him countersign, deposit it into a joint account (assuming you have one), deposit into his account (assuming you have way to...
My mother is claiming that money she gave me for student loan was not a gift but a loan. Does she have a case?
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Answered on March 02, 2015
I'm sorry for this disagreement with your mother. No doubt a difficult and tense situation. Is there any written emails, texts, or letters from the...
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My wife passed away last November. Can I still file a joint return?
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Answered on March 02, 2015
You can still file a joint return. See http://www.irs.gov/publications/p17/ch02.html. I recommend talking with an accountant on best filing status...
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Can banks intervene with a Durable Power of Attorney and take your money at will, and what rights do I have?
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Answered on March 02, 2015
In general, a power of attorney in valid until the agent or third-party relying upon it has knowledge the power of attorney is revoked. As your...
Can I cash a check that is made out to me and my deceased husband?
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Answered on February 24, 2015
I would write on the back of the check "for deposit only" and deposit it in through the ATM. You have the legal right to the proceeds. Further, if...
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Business lawyer or estate lawyer? Is one better than another or two better than one?
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Answered on February 24, 2015
It depends. In an ideal world, an attorney knowledgeable in estate planning and business planning will know how each area of law impacts the other...
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My siblings and cousins inherited property. My siblings and I would like for our interest/percentage to go to another cousin.
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Answered on February 24, 2015
You likely can. You could receive the property then transfer it to the other family member, which would be subject to transfer taxes (though likely...
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Can I find out if someone has power of attorney for my mom?
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Answered on February 24, 2015
Go to hospital and say you are there to see your mother. If the hospital doesn't allow you to see her, then demand they provide you documentation...