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My house is in mine and my mother's names, but the loan is in hers only. If she passes, what does the bank do about the loan?
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Answered on March 26, 2014
My colleague is correct. Some banks don't care who continues paying the mortgage; some will file a claim in the Estate (if there is one); others...
Archived
We NJ residents 7mos yr; FL 5 mos yr. Have condos in NJ/FL. Have JTWROS bank, broker accounts in NJ/FL. We need Wills in NJ/FL?
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Answered on March 21, 2014
The law of the state where you are domiciled at your death will determine what happens with your personal property (vehicles, pets, clothing,...
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I have a question regarding estate planning.
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Answered on March 21, 2014
North Carolina repealed its inheritance tax (paid by the recipients of an inheritance) several years ago and repealed its estate tax (paid by the...
Archived
Is a Power Of Attorney what I need?
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Answered on March 19, 2014
My colleagues have given you some good advice.
A Power of Attorney (POA) might work, but your daughter would have to be able to understand the...
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Are living wills worth having?
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Answered on March 14, 2014
Two words: Terry Schiavo. Sometimes that's all I have to say to a client to convince him or her of the utility of a Living Will (often also called...
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Archived
If my parents' estate has no funds to pay nanny taxes for home health workers, who's liable?
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Answered on March 13, 2014
North Carolina has statues that prescribe the order in which the debts of an estate are paid (NCGS 28A-19-6). As you might imagine, taxes are a...
Archived
Must I even bother going to the court with my fathers will?
Justin's answer
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Answered on March 13, 2014
Based on the facts that you describe, there probably is no need to open a probate estate. Probate passes title to real property (of which you...
Is a Power of Attorney valid in all states?
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Answered on March 12, 2014
While many third parties in Ohio might accept a power of attorney document from North Carolina, you should consult with an attorney in Ohio (or in...
Archived
How do I cash an overpay refund from the mortgage company with my deceased husbands and my name on it?
Justin's answer
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Answered on March 12, 2014
If you still have a bank account with your husband's name on it, then the bank might let you deposit it there. I can't tell from your question...
Can a step mother give all of my father's inheritance to her children and exclude my sister and I?
Justin's answer
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Answered on March 04, 2014
My colleagues have given you some good answers, but I will stop short of agreeing with them completely.
If your father died a while ago, your...
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