Archived
Should the value of a gift that was given before a parent passes away be deducted from one's total inheritance?
Bert's answer
|
Answered on January 26, 2011
The question is whether the note from your mother was a completed gift or just a statement of preference. If the former, the gift was completed...
Archived
Can I get the bank to liquidate assets that have been left such as real estate, if the property has no leins, etc?
Bert's answer
|
Answered on January 20, 2011
You asked the question under the category of "trusts" and made a reference to a bank. Are you implying that the bank holds the property as a...
Archived
Doe's my mother who is on social security have to pay my deceased fathers bills?
Bert's answer
|
Answered on January 20, 2011
Both lawyers are partially correct. As a legal matter generally the decedant's estate is liable for his debts. If there is no estate there is no...
Selected as the best answer
Archived
Can the will of a listed beneficiary to an irrevocable trust proportion the distribution to their heirs?
Bert's answer
|
Answered on January 18, 2011
Hard to tell without seeing the trust document. If your description is accurate, the trust governs the distribution to the beneficiaries and their...
Archived
If I'm a "contingent beneficiary" of my mom's Special Needs Trust, how can I become the trustee as well?
Bert's answer
|
Answered on January 15, 2011
It is difficult to answer your question without seeing the language of the trust instrument.
Generally, being a contingent beneficiary does not...
Archived
Who is responsible for this in the estate?
Bert's answer
|
Answered on January 15, 2011
A little confusing. Is a probate proceeding opened? If so, how did you have the title transfered into your name? Was the property conveyed...
Archived
I am a widow and in the process of applying for disability retirement. However, the form states: Beneficiary, Trust, or Estate.
Bert's answer
|
Answered on January 04, 2011
Well, it is a little difficult to advise you without more information concerning your estate and the respective needs of your sons. If you select...
Archived
My daughter's grandmother passed away last Jan. in PA. There were three children. My daugther's dad died 7 years ago.
Bert's answer
|
Answered on January 04, 2011
If the joint account referred to is the same item as the $30,000, there is probably nothing you can do. Assuming that by "joint account" you mean...
Archived
My Father lives off the interest from a irrevocable Trust, but he has filed for bankruptcy!
Bert's answer
|
Answered on January 03, 2011
Often trusts contain a "spendthrift" provision which enables the trustee to withhold payments when there are creditors. Generally, if the trust is...
Archived
I have a trust fund which i can get in 6 mths but i need some of it now. I am currently unemployed and living off my husband
Bert's answer
|
Answered on January 03, 2011
Often the provisions of a trust enable the trustee to "invade" the principal or accumulated interest in the event of a special need of a...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained