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Your current state is Ohio
I have assets in both countries and living in Canada
I am a retired educator and want to transfer my 403b to an IRA, but I am also considering opening up an Airbnb.
answered on Nov 14, 2024
Yes both a traditional IRA and Roth IRA are exempt from creditors claims. You can see the Texas Property code section 42.0021 which covers both qualified tax deferred plans and subsection (a)(5) specifically names Roth IRA’s as an included plan. There are a variety of savings plans covered in Texas.
I am a retired educator and want to transfer my 403b to an IRA, but I am also considering opening up an Airbnb.
Admin for his estate and does his estranged wife/separated for 14yrs receive anything?
answered on Nov 22, 2024
Yes. As an heir, you are entitled to petition the court to open the estate and be appointed as the administrator. Any of your siblings and your father's estranged wife are entitled to file such a petition. Under the Illinois statute, your father's wife and his children split the proceeds... View More
We have two 80-acre farmland plots still titled to grandparents (both deceased). Plots were willed to their two children (also deceased). Problem with communication between two families. Is it possible to petition the court to have the two properties split, one to each family? If so, what paperwork... View More
answered on Nov 12, 2024
Hire a NM attorney to file an action for a Partition In Kind. All tenants in common must be Parties.
Does the policy go to my wife's estate?
answered on Nov 11, 2024
You have to read the designation of beneficiaries. If named beneficiaries predeceased the insured, then usually the policy money goes to the insured's estate or his heirs/next of kin.
The company offers gift pre-planning for up to 30 years in advance for customers' children and grandchildren, and even skip-generation. The company is almost acting as a trust / an account where the company will withdraw money to gift to their descendants after the person's death. Can... View More
answered on Nov 10, 2024
It depends on what you mean by the term “partner.” Lawyers define the term as someone in a limited partnership or general partnership. The ethics code prohibits lawyers from splitting profits with non-lawyers in almost all circumstances. So, if you are asking whether lawyers can be in a... View More
Deceased died intestate and probate administration commenced in NY and completed. Ancillary probate was opened and disclaimer for Florida real estate property (so it can pass to the children rather than spouse) needs to be filed but family is confused which state’s court it would be filed in.
I need a attorney to go over trust, financial, estate with me. The complexity is overwhelming. Policy is main source of income. My daughter is personal representative, co successor Trustee, remainderman, beneficiary as trustee, we have estranged her entire life. My mother's will says my... View More
Father passed and my brother and I were beneficiaries of his estate. All of his CDs, IRAs and Bank Accounts were included in his will. He had made each of us beneficiary on accounts that we received. He did not include his van and told us to decide between us who would get it. We agreed I... View More
answered on Nov 11, 2024
If his Will was probated, then it had a Residuary Clause. That van is bequeathed under that clause as part of the residuary estate.. Executor has duty to distribute the residuary estate.
Sold house and it’s been almost 4 years. Can they come after me if I spend the money? (Only 40,000)
His wife decided to sue for half of estate.My nana passed away 02/22 while in the nursing home. TennCare immediately put a lean on my uncles estate. Judge ordered all assets to be auctioned. My aunt, whom is disabled still resided in the home. How can TennCare sieze property if a disabled person... View More
answered on Nov 9, 2024
Daughter was not an owner of the property, so TennCare Lien against Uncle had priority against any heir of his. The Estate was the place to fight the Lien. Everything is apparently over now. Probating the Estate was the mistake, as Spouse could have got a year's support, third of... View More
10% widow 90% personal representative from a bank account
answered on Nov 8, 2024
"If either a husband or wife shall have left the other and shall be living at the time of his or her death in adultery, he or she as the case may be shall take no part of the estate or trust of the deceased husband or wife." IN ST 29-1-2-14.
But note: "While it is true that... View More
I married in Jamaica in 1998. I did not file our marriage license with the county/state. I did change my name on everything. I divorced in 2015 my ex husband took the marriage license, there were no copies. He claims to no longer have it and does not know where it is. DMV will not accept my divorce... View More
My dad was involved in a Roundup lawsuite that close to payout now, but the attorney handling his case will not accept an affidavit of heirship and and has told us they have to have sufficient proof of authority under Texas state law establishing her ability to settle my dad’s case on behalf all... View More
answered on Nov 8, 2024
My condolences as it is always hard to lose a parent. You will need to start a probate proceeding in Texas. In most Texas counties they require that you have an attorney since you are not representing yourself actually you are representing the decedent's estate. One issue is that in Texas you... View More
answered on Nov 8, 2024
Assuming there was a typographical error in your recitation of the facts such that “and” was really “an”, that wording means that the grantor is still the owner until she passes.
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