If three people are on a will and left a house, can two of the three take out a reverse mortgage without the other's consent?
Charles's answer
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Answered on May 15, 2013
How was title held? This is also strange because reverse mortgages require the person to own and occupy the property. More facts are necessary. ...
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Our son married, a well not so wonderful girl.
Charles's answer
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Answered on May 15, 2013
Your trust would become revocable on your death. You could make that provision but why deny your son funds for his whole life if his wife out...
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It's 3 years since I was a beneficiary in a will in NJ. The executor used all the money herself ( $500,000) What can I do?
Charles's answer
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Answered on May 15, 2013
You state executor, so I am going to assume a probate was opened. Regardless, you need to contact a probate litigation attorney immediately. You...
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What is the maximum dollars one can keep outside of a trust without probate?
Charles's answer
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Answered on May 15, 2013
That varies state to state. I believe NC is $20,000 - that would be assets subject to Probate - accounts with beneficiaries or joint tenancy with...
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Why do professional estate planners promote revocable trusts instead of wills when assets are less than 5 Million Dollars
Charles's answer
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Answered on May 15, 2013
I personally believe that allowing probate is malpractice. There are times you may want probate but they are few and far between. Also, the cost...
A recorded contract for deed specified a Life Estate w/remainders, is it a probate asset that requires distribution? Please read
Charles's answer
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Answered on May 15, 2013
Probate should not be necessary for the property if you believe your mother intended to give the non-family member a the life estate. If you have...
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My fiancee passed away suddenly, she had quite a bit of assets. The family now seems to be mad at me for some reason.
Charles's answer
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Answered on May 15, 2013
Sorry for your loss. I would not wait because it sounds like the family is up to no good. If they are mad at you, it could well be that you are...
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What does proving your legal rights in probate court mean. My name is o the check under the estate of_______ what do i need
Charles's answer
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Answered on May 15, 2013
Its proving who is legally entitled to your grandfather's money. Since there is no will, that would be the intestate heirs, all of the them. If...
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I am Executrix on my Fathers probated estate in San Diego. I have personal claims to be filed on DE172.
Charles's answer
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Answered on May 15, 2013
DE172 is used for claims against a decedent at the time of death and funeral expenses. You dont use that form for expenses of administration. ...
Archived
Should we make our new baby our beneficiary? If so, what is the best way to ensure proper management of the assets?
Charles's answer
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Answered on May 15, 2013
Mr. Wyeth and Mr. Smolinski are correct. You should look into formal estate planning. One of things you will address is a guardian for your child...
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