Archived
How can we initiate a discovery of funds from a lawsuit in which all of the awards are supposed to be part of an estate?
Charles's answer
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Answered on July 26, 2010
Several Probate Court Rules address procedures that may be followed after a proceeding becomes a contested matter. In Michigan, the Estates and...
Archived
Dissolve LLC Partnership
Charles's answer
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Answered on July 22, 2010
When you formed the LLC there should have been an operating agreement signed by both partners specifically stating how to handle a buyout,...
Archived
Statement "remaining balannce will be charged off and no additional payment will be required" protect me from a deficiency judge
Charles's answer
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Answered on July 16, 2010
Without reading the closing statements it is difficult to say with certainty, but I would not rely on that statement to prevent you from deficiency...
Can power of attorney change a will?
Charles's answer
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Answered on July 16, 2010
You should first check to be sure what powers have been given to your Aunt by reviewing the document. A power of attorney is a written document by...
My father died and left a irrevocable trust which left his assets to charity and excluded myself and my children
Charles's answer
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Answered on July 15, 2010
A trust can be challenged as void because its creation was induced by fraud, duress, or undue influence or because its purpose was unlawful and...
Archived
Do non-taxable gifts, under the annual exclusion, count against a Medicaid applicant for the 5 yr look back?
Charles's answer
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Answered on July 14, 2010
Most states have enacted the Deficit Reduction Act (DRA) signed in February of 2006. The DRA includes several provisions designed to discourage...
Archived
What will happen to my dads assetts?
Charles's answer
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Answered on July 14, 2010
Doris is correct that the state's intestate succession laws will govern an estate without a will. Additionally, the facts indicate that the...
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