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answered on Jan 7, 2013
Based on the limited information you have given, it appears that your account is suggesting that you set up a trust and transfer ownership of the house to the trust, with the account serving as trustee. However, the best advice would be to ask the accountant for more information.
answered on Jan 5, 2013
When a surviving spouse has a life estate in a house, there are other heirs who own what's referred to as a remainder interest. This means that these heirs become the sole owners once the spouse with the life estate dies. For this reason, a bank or mortgage company will not allow a spouse with... View More 
We have common property, basicly a huge grassy lot with a big boulder and a tree. For years the kids have been climbing on both but I received a phone call from the "board" telling me my children can't climb on the tree because its common property and if they got hurt they would be... View More
answered on Jan 10, 2013
You use the abbreviation HOA, but it sounds like you are dealing with a maintenance corporation rather than a homeowner's association. An attorney will have to review the deed restrictions for your community, but I can tell you that maintenance corporations carry liability insurance in case... View More
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