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My father and mother have a living trust and my sister and I are co-trustees on it. My mother passed away and my father gave my
Charles's answer
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Answered on January 27, 2012
Your situation sounds like a mess. You have financial concerns currently and it sounds like your father may have demenia or some other illness...
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I'm waiting for the Judge to sign his final order in a civil unlimited case. How long does he have to sign it and publish it?
Charles's answer
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Answered on January 27, 2012
I concur with Mr. Chen.
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Uninformed changes without notice, siblings against action taken. How far does the deemed necessary right go with an executor?
Charles's answer
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Answered on January 27, 2012
Unfortunately under your facts, your sister as Executor would have had that right. The will controls. Unless there is some consideration for the...
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My sister died on Monday,January 23rd. Can I be the Power of Attorney since I am the only serving next of kin?
Charles's answer
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Answered on January 27, 2012
Powers of Attorney (Agents) are only while someone is living. As the next of kin you would have priority to serve as administrator if there was no...
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Can a will rescind a signed document that indicates that at death a propery goes to specific persons?
Charles's answer
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Answered on January 27, 2012
Your question is incomplete.
Other than the use of the son's credit, did the son put anything into the house? Who has been paying the mortgage?...
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My father is leaving me money in his will that I do not want. I have asked him to take me out of his wil but he won't.
Charles's answer
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Answered on January 27, 2012
Yes, after your father passes away, you can disclaim your share.
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Can an executor of a will in New York ask for a portion of funds back after disbursement for taxes owed?
Charles's answer
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Answered on January 27, 2012
Notwithstanding the close of the probate, the executor has the right to ask for proportionate reimbursement. That said, because the executor...
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Can someone MAKE me file a 10 99?
Charles's answer
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Answered on January 27, 2012
its actually 1099 (one thousand ninety-nine) the term of art is 1099. The form you will receive is actually a 1099-Misc. There is nothing for you...
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Poa
Charles's answer
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Answered on January 27, 2012
The issue you have is the extent of your powers under the Power of Attorney. You need to consult an attorney. If its a General Power of Attorney,...
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Property sold by individual to his LLC tax exemption
Charles's answer
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Answered on January 26, 2012
Because they are 100% owners of the LLC, the sale would not be treated as a taxable transaction. In addition, the exemption for sale of a...
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