Archived
Can I have two wills which separate assets? 1 Will in China, one in Wisconsin?
Charles's answer
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Answered on July 23, 2013
The answer is yes. To avoid issues if probate is necessary in Wiscounsin you should execute the will for WI in english not chinese and meeting all...
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Archived
May a notary take the place of a second witness in a will that was executed in the state of washington?
Charles's answer
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Answered on July 23, 2013
provided the notary signs as a witness not notary and other formalities of execution are filed.
Archived
I inherited money, however a family member will not give it to me.
Charles's answer
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Answered on July 23, 2013
if you are now 25 or 30, you need to request the funds and request an account. In order for the funds to have been held past 25 a trust had to be...
Archived
What can I do?
Charles's answer
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Answered on July 23, 2013
your state is not clear. Were you the only beneficiary of the house? Did you get notice of the probate? What is the current status of the...
How long is a reasonable time to wait for a closing letter from IRS after filing estate tax return?
It has been 15 months.
Charles's answer
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Answered on July 23, 2013
if you did not ask for early issuance of the closing letter it could take up to 3 years
Archived
Is court ordered spousal support that was paid via the division of my 401K account to be reported as income and tax deductible?
Charles's answer
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Answered on July 23, 2013
Are you sure the split of the 401K through the QDRO was for spousal support and not division of property?
Archived
How long to wait for letter from IRS after estate tax filed? It has already been 15 months
Charles's answer
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Answered on July 23, 2013
If you did not request a closing letter be issued it could be up to 3 years.
In Illinois, does a trust become irrevocable once the grantor becomes incapacitated?
Charles's answer
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Answered on July 23, 2013
If she executed the trust, she had to have capacity to do so. You need to find an elder law attorney and consult with them regarding setting up a...
Archived
Do we need a trust?
Charles's answer
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Answered on July 23, 2013
Mr. Corrigan is correct. The only difference is in California if property is held as joint tenancy, right of survivorship is automatic and does...
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Can beneficiaries be forced to buy out another beneficiary if one does not want to share ownership of a house
Charles's answer
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Answered on July 23, 2013
Yes, if the house was left outright to the each heir and not left in "trust" as a family home, then any co-tenant can force the sale of the...
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