Archived
Can 1 of 12 members of an equally owned trust legally sell his share to one of the other 11 members, in Kansas?
Gregory's answer
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Answered on January 06, 2015
This kind of "power struggle" requires some thoughtful legal advice. Some trusts prohibit dealing/selling among beneficiaries, and some do not. A...
Archived
Power of Attorney
Gregory's answer
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Answered on January 06, 2015
Might be your Guardianship needs court approval--check w a guardianship attorney on that. The G attorney can also tell you about use of a...
Archived
Do you have to file estate taxes on estates with less than $100,000 in North Carolina?
Gregory's answer
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Answered on January 06, 2015
A form 1040 will probably still be required for your mother's estate, but NOT a form 706 unless she had over $5 million in her estate (federal...
If a safe deposit box is in 2 names & 1person closes out the box a few days before the other dies are contents part of estate?
Gregory's answer
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Answered on January 06, 2015
Depends on the contract governing the safe deposit box. Go see a good probate lawyer and explain the facts carefully. Take whatever paperwork you...
Archived
My mother recently passed and left owing app. 55,000.00 in a home loan and credit card debt do we need to open an estate
Gregory's answer
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Answered on January 06, 2015
Go see a good probate lawyer in the county where your mother died. He or she can tell you whether it is WORTH filing a probate. You are NOT...
Archived
How do I file for this?
Gregory's answer
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Answered on January 06, 2015
Go see a probate attorney for advice. In some states YOU might be eligible to be appointed an "Administrator" of the estate--depends on the law of...
Archived
My grandmother (from IL) passed away 6/2014 & my mother (from IN) in 7/2014. It's complex. Trying to see if I need a lawyer.
Gregory's answer
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Answered on January 06, 2015
Your "gut" is right: go see a probate or trust attorney. Your case can be sorted out, but it will take some professional guidance. Take along...
Archived
There might be another brother!
Gregory's answer
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Answered on January 06, 2015
If you were NOT adopted by your step father and he died without a Will, in most states you will have NO right to his estate property. If he left...
How do I find a qualified CPA for special needs trust?
Gregory's answer
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Answered on January 06, 2015
You are going about this the RIGHT way--checking things out. The $750 fee sounds pretty reasonable--depends on the level of review the CPA needs...
How does my father resign as trustee of his Living Trust?
Gregory's answer
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Answered on January 06, 2015
Look carefully at what the trust says about replacement trustees. Trusts often allow a resigning trustee to name their successor. OR you can...
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