our father in texas moved part of his living trust into cds via our sister{truste}name as four gifes. we lost him fourty five days ago & now the three of us beny.s are wanting to settel up. the cd.s are at mutuity now and have erned at a good rate . can the funds with % now be deposited back......
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$10,000.00 giftSun, 16 Dec 2001 16:59:00 GMTcalifornia: mother had a stroke and we want to cash in her cd's, give them as $10,000.00 gifts to each of the children and put them in an account for her needs. will we have a problem doing this at the bank where the cd's are? we don't want her to lose her savings; she is 80 and in the hospital.......
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$1500 to probate a simple will, really?Tue, 15 Jul 2008 21:19:00 GMTMy Mother recently passed in Dallas county with a will. I helped my Mother with her will by visiting a local attorney and agreeing to be her executor. I had no idea that that was just the beginning. I am one of five brothers and she left a house worth about $85,000 to the youngest boy and the......
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$225 per hour reasonable for specialist attorney?Tue, 07 Jun 2005 10:32:00 GMTI'm about to retain an attorney wit specialist knowledge who will set up a trust in my name, for disposal of my estate on my death. (It simply bequeaths everything to a large cancer research establishment, and looks like the best arrangement in my circumstances). He's quoting a flat fee of 3500......
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$3,000,000 capital gains, ResidenceThu, 04 Aug 2005 13:16:00 GMTWhat is the name of your state?What is the name of your state? MA Our residence has appreciated from $20,000. in 1962 to over $3,000,000. today,2005! We would like to liquidate some or all of our property, but don't know how to handle the capital gains. We have the property currently in a......
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$300. estateMon, 14 Aug 2006 15:39:00 GMTNew York mom needs advice. my dad recently passed in NC. leaving behind no will( there wasnt anything really 2 will) I am his benificiary & sole living relative. All of his paperwork states me as being his next of kin, emergency contact, etc. ok heres the problem, the bank wont let me close......
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$5,000.00 bill for handling estateThu, 22 Aug 2002 13:42:00 GMTWhat is the name of your state? I live in illinois, and the attorney has given us a bill for over $5000.00 to help close my parents estate after they died. My mom passed away in sept. 2000, and my dad passed away on jan. 1st 2001. the estate still hasen't been settled and he is charging us by the......
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$500,000 to $97,000 I can't afford another lawyerFri, 18 Mar 2005 18:28:00 GMTWhat is the name of your state?What is the name of your state?What is the name of your state? Pennsylvania My father passed away 3 yrs. ago January. He designated a bank as his executor and trustee. The estate is still not settled. The will is pretty standard in that my father left several......
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$70,000.00 gone apparentlyTue, 16 Jun 2009 20:55:00 GMTWhat is the name of your state (only U.S. law)? Arkansas My father recently sold our family house basically one week prior to him passing away on the operating table. He told me where the money was located and what to do with it. However it was put into a joint account with his sister and she......
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'jtwros' on stock accountMon, 01 Apr 2002 22:04:00 GMTMy mother lives in Michigan. She has Alzheimers and cancer. She had two accounts with Merrill Lynch. One account was in my mothers name, my sisters name, and my name as 'jtwros'. In June of 1998, the assets of this account were transferred into an acct. with my mothers name alone, and transfer......
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'Letter Testamentary' & Change of venueWed, 13 Dec 2006 22:59:00 GMTWhat is the name of your state? Calif. Is the only way to get a 'letter testamentary' by going through the probate court? My Dad died in a county 500 mi. from where I live. If I have to open a probate, can I get the venue changed to my county? Thanks, Phoebus Bewildered in San......
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'Reporting by Executor'Thu, 07 Feb 2008 13:30:00 GMTTexas My brother is executor of mother's will. I fairly understand it all. The only question I have is the executor's accounting of expenditures. I, as an heir, have no idea how estate money is being spent. I know he is not to comingle and don't know if he is or not. I know income to the estate......
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"45 days" ... from when?Thu, 07 Sep 2006 15:28:00 GMTWhat is the name of your state? Illinois In this thread: http://forum.freeadvice.com/showthread.php?t=332932 I asked about restrictions on early distribution, if you need to know the back story you can read about it there. We just heard that the probate is finally ready to close! Now from here......
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"all my family equally" - but who is family?Mon, 10 Oct 2005 21:31:00 GMTWhat is the name of your state? Rhode Island Trust clearly stipulates personal property to go to 'my children', but use of vacation home to 'all my family equally'. If the house must be sold to pay taxes, would the proceeds be divided among the 4 children? The children plus the 8 grandchildren......
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"Annuitizing" propertySun, 18 Feb 2001 23:38:00 GMTI seem to remember reading about an arrangement whereby an individual can leave their home to a charitable institution, and, in exchange, continue to live in it and receive a lifetime income stream. Have I got this right? If so, what is it called, and does it apply to co-ops and condos? Thank......
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"assets & liabilities"Fri, 07 Mar 2003 04:00:00 GMTWhat is the name of your state? California My Father recently passed away and left no will. He lived in Pennsylvania. I am his only child and in addition to myself, he is survived by my mother, his estranged wife. They were married on paper only, as they have not cohabitated in 40 years. Nobody......
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"Attachments" to Will?Sat, 07 Aug 2004 14:43:00 GMTWhat is the name of your state?What is the name of your state? California I am divorced and the mother of an almost 17 year old daughter. I do not yet have a will because I own practically nothing and until last year, my ex and I co-parented just fine. I had no worries about my daughter after I......
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"Beneficiary" exempt from intestate?Fri, 13 Jan 2006 03:50:00 GMTWhat is the name of your state? Illinois If I am designated beneficiary for life insurance and pension, will those be exempt from intestate succession?...
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"blocked account"-guardianship issue.Tue, 26 Jun 2007 16:30:00 GMTWhat is the name of your state? KY DH passed away few months ago accidently,very young @ age 30. Left no will. Some property was in sole name so filed for probate. Now at the time of closing this estate, I have been appointed guardian of my own minor child. According to requirements portion of......
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"Childs part" in MississippiSun, 31 Mar 2002 13:16:00 GMTAre adult children in the State of Mississippi entitled to a "childs part" of an estate if there wasn't a will? My grandmother passed away last April and my step-grandfather of 40 years has since remarried and moved out of their domicile. The property is going on the market soon and......
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"Copy of Will" & possible elder use/abuseThu, 05 Jul 2007 20:44:00 GMTWhat is the name of your state? NJ Father passed away, there was a will drawn up over 15 years ago, we can now only find a copy of the will. Attorney says he had a fire and can't find a copy IF he had it or the original, does a COPY of a will hold up? Before father passed away there was a lady......
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"Deathbed" Will & TrustFri, 21 Nov 2003 12:07:00 GMTWondering about a wife's Deathbed Will and Trust taken out in Idaho that gives away assests that been accumulated in a 20 year marriage without the knowledge of her husband. There was a prior older Will at an attorney's office, but it had not been signed. The Wife did not work or aquire her own......
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"Depositing" a willMon, 15 Aug 2005 18:57:00 GMTWhat is the name of your state? Ohio My county's probate court allows a will to be "deposited" What are the pros and cons of doing this? Any good reason to or not to? After reading all the woes here about hiding and not filing probate, it sounds like a good idea. ----- INSTRUCTIONS......
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"Distributed Incorrectly"Tue, 26 Sep 2000 16:21:00 GMTI lost my grandmother back in 95, at that time there was a will read by my uncle who was appointed the executor.I learned that me(granddaughter)and her three children were to divide up any monies that were left after all her responsibilities were taken care of,unfortunately i learned recently......
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"Divorcing" All Family MembersMon, 28 Dec 2009 01:12:00 GMTWhat is the name of your state (only U.S. law)? California How do you divorce all of your family members for your own protection, so they can not claim you in any manner before and after death?...
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"fails to qualify"Mon, 22 Sep 2008 09:19:00 GMTWhat is the name of your state (only U.S. law)? NC My grandfather passed and left a considerable amount of land to his new wife. In the will it states that " if my spouse does not survive me or if he/she fails to qualify or, if having qualified should die, resign or become incapacitated,......
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"Family Care Contract"Fri, 20 Feb 2009 12:08:00 GMTWhat is the name of your state (only U.S. law)? IN (but the question pertains to family members in OH) My father is disabled and a veteran, receives a pension from his civilian job and SS income (which totals about $1900/month). He wants to live at home but he needs in-home care. My siblings......
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"Foreclose on Probate Property"Mon, 18 Jun 2001 18:09:00 GMTState of Georgia: Can a Mortgage Company foreclose on property that is still in probate?...
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"gifting"Thu, 14 Aug 2003 12:55:00 GMTWhat is the name of your state? California My Aunt is in an Assisted Care Facility in California and receiving MediCal. She has no husband or children. Her only asset is a house in Ann Arbor, Michigan. My Dad is Conservator of her estate and would like to sell her house. When he does, she will......
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"Gifting" vs Hiring a RelativeMon, 10 Mar 2003 15:34:00 GMTWhat is the name of your state? CA (This may be an Employment Law question) Is there anything to prevent parents from gifting up to $11,000/yr. each to a daughter in exchange for in-home custodial care (i.e., would the IRS have to know that this care was being performed?) If theres no problem......
What is the name of your state? Rhode Island Trust clearly stipulates personal property to go to 'my children', but use of vacation home to 'all my family equally'. If the house must be sold to pay taxes, would the proceeds be divided among the 4 children? The children plus the 8 grandchildren......
What is the name of your state? California My Father recently passed away and left no will. He lived in Pennsylvania. I am his only child and in addition to myself, he is survived by my mother, his estranged wife. They were married on paper only, as they have not cohabitated in 40 years. Nobody......
our father in texas moved part of his living trust into cds via our sister{truste}name as four gifes. we lost him fourty five days ago & now the three of us beny.s are wanting to settel up. the cd.s are at mutuity now and have erned at a good rate . can the funds with % now be deposited back......
What is the name of your state? Calif. Is the only way to get a 'letter testamentary' by going through the probate court? My Dad died in a county 500 mi. from where I live. If I have to open a probate, can I get the venue changed to my county? Thanks, Phoebus Bewildered in San......
State of Georgia: Can a Mortgage Company foreclose on property that is still in probate?...
What is the name of your state? Illinois If I am designated beneficiary for life insurance and pension, will those be exempt from intestate succession?...
I seem to remember reading about an arrangement whereby an individual can leave their home to a charitable institution, and, in exchange, continue to live in it and receive a lifetime income stream. Have I got this right? If so, what is it called, and does it apply to co-ops and condos? Thank......
california: mother had a stroke and we want to cash in her cd's, give them as $10,000.00 gifts to each of the children and put them in an account for her needs. will we have a problem doing this at the bank where the cd's are? we don't want her to lose her savings; she is 80 and in the hospital.......
Are adult children in the State of Mississippi entitled to a "childs part" of an estate if there wasn't a will? My grandmother passed away last April and my step-grandfather of 40 years has since remarried and moved out of their domicile. The property is going on the market soon and......
What is the name of your state? California My Aunt is in an Assisted Care Facility in California and receiving MediCal. She has no husband or children. Her only asset is a house in Ann Arbor, Michigan. My Dad is Conservator of her estate and would like to sell her house. When he does, she will......