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My father is in a nursing home and received money from his
My father is in a nursing home and received money from his aunt who passed away last year from old savings bonds. The check was sent in his name as his POA what can we do with money so he is not penal… read more
RayAnswers
RayAnswers
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A property held in a living trust is to be given to me upon
a property held in a living trust is to be given to me upon that persons demise, we are both same sex and he wished is to be transferred with minimal amount of taxes hassle ect, He has offered to deed… read more
Richard
Richard
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If a person inherits real estate that is mortgaged and
if a person inherits real estate that is mortgaged and another family member has been paying the mortgages, can the property transfer to the other family member so that the property can be sold and th… read more
Richard
Richard
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Doctoral Degree
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I'm in CA and trying to purchase a property with my daughter
I'm in CA and trying to purchase a property with my daughter - where I will also stay as needed when I work in LA. I'm providing the 20% down payment and will be a co-borrower. I don't want to incur a… read more
Richard
Richard
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We are thinking about setting up a an irrevocable trust for
We are thinking about setting up a an irrevocable trust for our mother's small estate, which includes a business, some investments and a home. What are the tax implications of doing this ?… read more
Attorney2020
Attorney2020
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My Mother and Father listed on their will that all their belongings,
My Mother and Father listed on their will that all their belongings, including their house which is paid for, be split between me and my 2 sisters. My Father passed away in 2007. I moved in with my Mo… read more
Richard
Richard
Owner
Doctoral Degree
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I want to give my children, by transfering ownership of my
I want to give my children, by transfering ownership of my property. The property is in Indiana, and I reside in the state of Florida. How to I go about doing this?… read more
Richard
Richard
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Doctoral Degree
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This involves a life estate in North Carolina. My wifes parents
This involves a life estate in North Carolina. My wife's parents have a life estate in their house with the children inheriting after their death. However, if one of both of the parents went into the … read more
Richard
Richard
Owner
Doctoral Degree
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MY HUSBAND DIED 5/2012. WE DO NOT HAVE ANY CHILDREN. AT THT
MY HUSBAND DIED 5/2012. WE DO NOT HAVE ANY CHILDREN. AT THT TIME I WENT TO THE REORDERS OFFICE AND RECORDED MY HUSBAND'S DEATH CERTIFICATE. I ALSO RECORDED A "TERMINATION OF JOINT TENANCY"ON THE PROPE… read more
Richard
Richard
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Doctoral Degree
50,792 satisfied customers
My grandparents purchased mineral rights, after their death
My grandparents purchased mineral rights, after their death my mother, aunts & uncles had a lawyer draw up new papers with their names on the papers. Now, the is only one remaining aunt (96 yrs.) aliv… read more
Law Pro
Law Pro
Doctoral Degree
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We live in California. My Mom lives in New York. We were
We live in California. My Mom lives in New York. We were given a 73 page explanation of trusts for us to peruse (it's virtually impossible for us to read and understand the explanation - we are laymen… read more
Daniel Solutions
Daniel Solutions
Doctoral Degree
5,212 satisfied customers
My husband parents have each contributed the max allowable
My husband parents have each contributed the max allowable gift transfer to my husband - and me I think - since we've been married. The money has been placed in an annuity inside a trust held in my hu… read more
Dimitry K., Esq.
Dimitry K., Esq.
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Doctoral Degree
38,452 satisfied customers
I suspect this question is asked a lot, and I suspect the answer
I suspect this question is asked a lot, and I suspect the answer to it is contingent on which state it's being asked from. We're in Minnesota, and trying to square my mom's end-of-life affairs. (She's… read more
Daniel P.
Daniel P.
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situation Person A is unmarried no family and an estate worth
situation: Person A is unmarried no family and an estate worth approximately $6.5 million dollars (in Florida); (mortgages approx $3.5 million; annuities $1 million; real estate $1 million and mortgag… read more
David L
David L
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Im looking how to best protect the assets of my parents.
I'm looking how to best protect the assets of my parents. The situation is as follows: my dad's health is declining and he has a low-cost in home care-giver that comes daily for 8 hours. Eventually he… read more
JaxLaw
JaxLaw
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Doctoral Degree
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Dad died without a will. All property, cash, stocks in his
Dad died without a will. All property, cash, stocks in his name. Mom is still living in home with ailing health. Six adult children trying to do what's best to protect home, money, all assets from hea… read more
legallysound
legallysound
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My father passed away on May 5th 2009. He had a revocable
My father passed away on May 5th 2009. He had a revocable trust that is now an irrevocable trust and I am the trustee in control of one of several pieces of property. My sister and I are the beneficia… read more
Dave Kennett
Dave Kennett
Doctoral Degree
25,741 satisfied customers
My aunts estate was held in a trust until her death.
My aunt''s estate was held in a trust until her death. The trust had some 35 beneficiaries upon her death and has been dispursed to all by the bank who managed the trust (in Illinois). I inherited som… read more
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Roger
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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