Posts filtered by tags: Administration And Probate[x]


 

Heirs and Beneficiaries: Payment of Maintenance by Heirs Who Share a Home

My question involves a consumer law issue in the State of: My father has passed away and we are 3 females in the house. We are staying in ground floor. There is septic tank behind my toilet. which is covered from all the side. The only way to go there is from terrece . There is rod stairs which goes down there. Before, this was not the issue. But after my dad died they are saying we can make anyone cleaning it. Anyone can go and die. Previously i paid from my pocket but every time i cant do...
Tags: Law, Estate Planning, Administration And Probate


Probate Court Procedure: Probate Procedures for Real Estate the Decedent Owned in Another Country

My father died a few weeks ago after a long battle with cancer. He lived in CA for most of his life but had a house in England which he inherited from his mother many years ago. I think the house is worth about US $300k. I have no idea how to deal with this house, can my CA attorneys deal with it? Do I need to get probate in the UK? Will I need to pay some UK taxes on this? Any help gratefully appreciated!
Tags: UK, England, Law, US, Estate Planning, Administration And Probate


Opening an Estate: California Father Had House in England

My father died a few weeks ago after a long battle with cancer. He lived in CA for most of his life but had a house in England which he inherited from his mother many years ago. I think the house is worth about US$300k. I have no idea how to deal with this house, can my CA attorneys deal with it? Do I need to get probate in the UK? I read a useful probate guide by a company called mylegaladvisor. They have a quiz which seems to say I will need UK probate and to file a tax return. Is that true? W...
Tags: UK, England, Law, US, Estate Planning, Administration And Probate, California Father Had House


Wills: Does a Will Give Executor Power to Sale Real Estate

My question involves estate proceedings in the state of: California. Does the executor of a will have the authority to sale real estate that belonged to the deceased person? I've had people tell me in California an executor can not sale real estate without it first going thru probate. I want my executor to be able to sale my house when I die and want to make sure I have things in order to allow him to do so without any issues. Thank you
Tags: Law, California, Estate Planning, Administration And Probate, Sale Real Estate


Trust Administration: Responsibilities of a Trustee When Making Expenditures for the Beneficiary

My question involves estate proceedings in the state of: PA I am the trustee for my sister for a sum of money that she inherited. She is an adult and the trust was stipulated to only be used for housing, occupational, medical, and emergency expenses. I understand my duty is to ensure funds are available for qualified expenses and help my sister budget, plan, invest, and preserve capital. She is currently looking for a home to buy. How much influence am I legally allowed to have? It's her m...
Tags: Law, Estate Planning, Administration And Probate, Trust Administration


Guidance on Being a Trustee

My question involves estate proceedings in the state of: PA I am the trustee for my sister for a sum of money that she inherited. She is an adult and the trust was stipulated to only be used for housing, occupational, medical, and emergency expenses. I understand my duty is to ensure funds are available for qualified expenses and help my sister budget, plan, invest, and preserve capital. She is currently looking for a home to buy. How much influence am I legally allowed to have? It's her m...
Tags: Law, Estate Planning, Administration And Probate


Banks Won't Open Account in Name of Living Trust

My question involves estate proceedings in the state of: California Several years ago my attorney created a living trust for me and we placed all my properties and bank accounts in the name of the trust. I now wish to open two new bank accounts. The local brick and mortar banks offer a fraction of a percent in interest, while the internet banks are offering almost 2.5%, However, when I contact them, they will not open an account in the name of a living trust and instead, wish to put the acco...
Tags: Law, California, Estate Planning, Administration And Probate


Trusts: Recorded Deed

My question involves estate proceedings in the state of: CA Living trust was created as “ABC Living Trust”. However, when property was recorded with the county, it was recorded under “Abc Living Trust”. ABC was not all capitalized. Estate planner says that whether or not ABC is all capitalized does not matter and it is good. True?
Tags: Law, Abc, Estate Planning, Administration And Probate, ABC Living Trust However, Abc Living Trust ABC


Trusts: California Trust

My sibling has $300,000 that was generated in a business I provided the idea for but I had no involvement in the operating of the business. He paid all of the taxes as he should, and is now left with the $300,000...of which half is mine. There are no disputes about the $150,000 that is mine. I'm not in any huge hurry to get the money, and am fine with getting $14,000 per year gifted to me tax-free. We do, however, want to get the money protected in case he gets married and dies or whatever. It ...
Tags: Law, Estate Planning, Administration And Probate, California Trust


Can Someone Gift Me Money to Spend on My Mother and My Mom Not Lose Public Benefits

Thanks in advance for your answers. My grandfather passed around mid 2018. My aunt who he lived with and took care of him was the co-owner and beneficiary on all of his accounts so my understanding is that 100% of all his accounts default to her once he passed. There was no estate, trusts, or will ever set up. Supposedly he once wrote a hand written will but it was never notarized so it holds no legal value. My mother is below poverty level and her only income is about $800 per month from soci...
Tags: Law, Hud, Estate Planning, Administration And Probate


Wills: Type Up My Own Will and Have Notarized

My question involves estate proceedings in the state of: Texas. I don't have a large estate, only a fully-owned condo, old employee retirement fund, and a couple of investment-IRA funds. Two adult children and 2 young grandchildren. I've specified both adult children are to act as co-Executors, named those who I intentionally exclude, that the Condo is to be sold, disposal and who gets what of my personal items, what funds are to be put in Trust for my 2 grand-kids (already listed as 50-50 Bene...
Tags: Texas, Law, Ira, Estate Planning, Administration And Probate


Trust Administration: Attorney/Trustee Refuses to Distribute Trust Over a Google Review of His Business

My question involves estate proceedings in the state of: Texas Thank you all in advance! I am the only beneficiary. This is the short version. I can and will answer all questions. 2015... Father passed away. I was not informed about a trust at this time. I did not even receive a copy of the will. 2016... My mother called and said, my father left me a trust fund. She said I can't have it until his wife passes away and all debts are paid if any, and property sold if any. I still have not seen ...
Tags: Google, Law, Estate Planning, Administration And Probate


Heirs and Beneficiaries: Distribution and Loan

My question involves estate proceedings in the state of: New York Not sure where to put this post, couple of questions. Is it possible for me to file a suit against by brother - the executor of the estate, without using an attorney? It's been over 4 years since our Mom passed, my brother, sister her husband and children live in the house. The will states the house (only asset) to be divided between 3 children (Brother sister and myself). I live 1200 miles away and was there this past Augu...
Tags: New York, Law, Estate Planning, Administration And Probate


Probate Court Procedure: Dad Dead 6 Yrs, No Probate of Will. Mom Just Died. Must Dad's Will Be Done B4 Mom's

My question involves estate proceedings in the state of: California, Santa Clara County In 1985 mom and dad had identical wills and a revocable family trust drafted. Never modified. Wills bequeathed all tangible property to surviving spouse, and to children if no surviving spouse. Residue poured over into family trust in accordance with terms of trust. Upon death of first trustor to die, trust provides for division of "the entire Trust Estate" into two separate trusts know as the "Survivor's ...
Tags: Law, Wills, Estate Planning, Administration And Probate, California Santa Clara County, Trust Estate, Family Trust


Heirs and Beneficiaries: Change of Beneficiary Form

My question involves estate proceedings in the state of: Utah I am a same sex married black man, just so happen to be married to a white-Italian man at time living in Utah. While there is more to what I am posting, to get to my question I will attempt to type what I think is prevalent to subject. My husband passed away last year in November. (Note: I say husband now because I was legally married to him after he passed away. My husband and I lived together for 29 years. Utah doesn't...
Tags: Utah, Law, Estate Planning, Administration And Probate


Heirs and Beneficiaries: Change of Beneficiary Form

My question involves estate proceedings in the state of: Utah I am a same sex married black man, just so happen to be married to a white-Italian man. While there is more to what I am posting, to get to my question I will attempt to type what I think is prevalent to subject. My husband passed away last year in November. (Note: I say husband now because I was legally married to him after he passed away. My husband and I lived together for 29 years. Utah doesn't have a common law in it's st...
Tags: Utah, Law, Estate Planning, Administration And Probate


Heirs and Beneficiaries: Is a Beneficiary Liable for a Distribution Improperly Made by an Estatee

My question involves estate proceedings in the state of: Texas This is a real doozy of a situation involving the distribution of funds from an estate and whether it was done correctly. I have a feeling it was horribly screwed up and that my wife might be on the hook for a large amount of money, or worse. First, a quick summary of the players and events in question (names changed, obv.): My father-in-law, Bob, had two kids by his first marriage: my wife and her older brother Brian.He then married...
Tags: Texas, Law, Brian, Bob, Estate Planning, Irs, Administration And Probate, PAUL, Paula, Pam, Brian He, Pam Pam, Paul Pam, Paul Bob


Estate Assets and Debts: Confusion About Money Received from Estate

My question involves estate proceedings in the state of: Texas This is a real doozy of a situation involving the distribution of funds from an estate and whether it was done correctly. I have a feeling it was horribly screwed up and that my wife might be on the hook for a large amount of money, or worse. First, a quick summary of the players and events in question (names changed, obv.): My father-in-law, Bob, had two kids by his first marriage: my wife and her older brother Brian.He then married...
Tags: Texas, Law, Brian, Bob, Estate Planning, Irs, Administration And Probate, PAUL, Paula, Pam, Brian He, Pam Pam, Paul Pam, Paul Bob


Heirs and Beneficiaries: What Happens if Money is Left to a Minor Child

My question involves estate proceedings in the state of: Ohio If I have life insurance and have my daughter as the beneficiary, does that give her Dad access to the money? Would I be able to designate that someone else have access to the money instead of him? What I would like to do is make sure that my ex does not get access to the money in the form of a lump sum in the event that I die, but rather someone in my family be able to provide him assistance each month, similar to child support, w...
Tags: Law, Estate Planning, Administration And Probate


Missouri Trust - Can Trustee Buy House in Trust's Name

My question involves estate proceedings in the state of: MISSOURI I am the trustee of my parents' estate. Second parent died a few months ago. The only other living heir is my grown child, who is to take over as trustee if I die before everything is taken care of in the trust. Otherwise, everything goes to me when it's time to dissolve the trust (just waiting for final income tax). Then I'll set up a new trust so that my child will get whatever I leave behind when I die. Several of our final c...
Tags: Law, Estate Planning, Administration And Probate, Missouri Trust Can Trustee Buy House


Trusts: How to Enforce Trust

My question involves estate proceedings in the state of: CA So once an estate plan is finalized, with living trust, will, healthcare directive etc how is it enforced once the trustee dies? Does the successor trustee take the living trust documents somewhere that says, we need to sell the real properties (or whatever they wish to do with them) For assets other than properties, it sounds like you just call the financial institution with proof of the living trust, to transfer the money out. Bu...
Tags: Law, Estate Planning, Administration And Probate


Trusts: How to Enforce a Trust After the Trustee Dies

My question involves estate proceedings in the state of: CA So once an estate plan is finalized, with living trust, will, healthcare directive etc how is it enforced once the trustee dies? Does the successor trustee take the living trust documents somewhere that says, we need to sell the real properties (or whatever they wish to do with them) For assets other than properties, it sounds like you just call the financial institution with proof of the living trust, to transfer the money out. Bu...
Tags: Law, Estate Planning, Administration And Probate


Estate Planning Strategies: Global Freelance Marketplace Connecting Engineers

Field Engineer is an online marketplace that connects businesses who have jobs with Telecom Engineers who have the skills and availability to complete them. We live, breathe and bleed telecom. We’re dedicated to directly connecting field engineers and the businesses that hire them to unleash opportunities in an era of insatiable digital demand. FE is a powerful platform for businesses and talent who want to be free of old school recruitment hurdles. We streamline slow and costly talent and job ...
Tags: Law, Estate Planning, Administration And Probate, Telecom Engineers


Estate Assets and Debts: Paying Expenses Before Estate Released to Beneficiaries

My brother and I are inheriting our parents home but only he is inheriting the family cottage. How are the required expenses (i.e. property tax, insurance, utilities) typically covered for the estate in this scenario until the properties are released to the beneficiaries. In short, i don't want to be paying for maintaining an asset i will not receive (cottage) from a common pool of money. Any help?
Tags: Law, Estate Planning, Administration And Probate


Trusts: Is It Possible to Incorporate a Trust As Part of a Will

My question involves estate proceedings in the state of: Pennsylvania Is it possible to incorporate a trust as part of a will under PA law? My grandfather's will was written in 1972. The beginning deals with specific things and who he wanted them to go to. The second part which is about 3/4 of the document specifically lay out in great detain the terms of an "unnamed" trust. It says it provides for his wife and that she is to receive quarterly disbursements and that the three grandchildren (who...
Tags: Law, Pennsylvania, Estate Planning, Administration And Probate, Orphan s Court, PA Orphan s Court


Probate Court Procedure: Unmarried Couple

My question involves estate proceedings in the state of: Connecticut If a person dies without a will but has a next of kin, can that person enter the deceased's house and take things before probate is settled? I really don't know how probate actually works or what happens to assets and debts in this case. Thank you
Tags: Law, Connecticut, Estate Planning, Administration And Probate


Estate Assets and Debts: How to Cash a Check Made Out to the Deceased "C/O" Myself

My question involves estate proceedings in the state of: Nevada I was appointed Executor of the estate in the Last Will and Testament of a long time friend who passed October 2nd this year while under hospice care at the assisted care facility where she had lived for the last several years. I had been designated Durable Power of Attorney for Finance and Health Care Decisions, which I understand expired upon her death. I notified Social Security, the VA, the Retired Pay Department of ...
Tags: Law, Nevada, US Army, Estate Planning, Administration And Probate, VA the Retired Pay Department


Heirs and Beneficiaries: Per Stirpes vs Per Capita

My question involves estate proceedings in the state of: CA This link was very helpful in helping understand the two terms https://www.thebalance.com/per-stirp...utions-3505142 Let’s say you have bad luck and all beneficiaries die in both Per Stirpes and Per Capita scenarios. Then what would happen if there is no one else to pass the money to?
Tags: Law, Estate Planning, Administration And Probate


Asset Protection: Beneficiary Designation

My question involves estate proceedings in the state of: CA For retirement accounts, let’s say you designate 50% to a person. Let’s call him John. Let’s say you designate the other 50% to a trust. If you select “per stripes” if John dies, then his 50% goes to his children. But if you do NOT select “per stripes” what happens if John dies? Does his 50% automatically go to the trust making it 100%?
Tags: Law, John, Estate Planning, Administration And Probate, John Let


Estate Planning Issues: Close Bank Accounts

My question involves estate proceedings in the state of: New York So my grandma passed away in December 2016. She left no will, but I am the sole heir to everything she left. She only left two bank accounts. I got the Letters of Administration in June/July 2017. I just received the estate tax closing letter in the mail today. I never put her money into a single estate account. My question is, at this point, would I be able to just go to the bank and give them the necessary documents (death...
Tags: New York, Law, Estate Planning, Administration And Probate