Sorry, but this does not sound like a maritime question. Also, the naming in issue did not come through. Please try trademark and copy write experts. Thank you and best regards. Tom Evans Maritime Lawyer Please see Justia disclaimer.
This is a family property, my family. In the event of divorce, I want to ensure that I maintain majority interest in the property. Gram is 93, what would happen to her portion in the event of her passing? She has outstanding debts at this time.
There's no way to answer your question authoritatively without more information. I encourage you to meet with an attorney. When you do, bring a copy of the deed establishing title in you, your grandmother and your husband. The answer to your question can only be determined by examining that deed.
Getting married for first time in a few weeks, his first marriage as well. I outearn him 4:1. Confused whether to show my cards - I believe his expectations of me would increase. He doesn't know my salary and net worth. Very confused what to do. Financial habits are very bad -no savings and... Read more »
If you want your pre-nuptial agreement to be valid, you MUST list ALL of your assets. It's for your own protection. Besure to provide in your agreement which state's law will apply in the event of a divorce. You can specify this. A lawyer can advise you how to handle assets acquired and money...Read more »
If you are merely the beneficiary, the asset is not yours and you do not have to list it. However, if it is your account and someome else is the beneficiary, then you should and must list it. Doing so is for your own protection going forward.
Illinois statutes contain “Intestacy Laws” that determine who receives a deceased person’s assets in the absence of a valid will. These laws apply only to probate property; as a review, probate property must be distributed by the court and include assets which are owned solely by the deceased...Read more »
About to be married. Fiance makes $100k+ but spends extravagently ($3k / month apartment in suburbs) and has no savings and no debt. I can buy a nice house outright but am scared that he will spend the rent money elsewhere rather than saving. What are my options?
You need to contact an attorney and get a prenuptial agreement prepared setting forth whatever your agreement is. In conjunction with the prenuptial agreement, consider buying the house BEFORE you get married, putting it only in your name, and keeping it only in your name. This should be discussed...Read more »
The answer to your question is dependent on specific facts that are not provided here, such as the type of deed, the names on the deed, who has made majority of the payments, etc... As such, I recommend you organize everything in your possession regarding this matter, including the property...Read more »
I received a letter to appear in court because my brother wants to be appointed executor. Me and my other siblings do not agree to this...do I need to hire an attorney for an objection or can I show up in court with the copy of my mom will which I did file at the court house
You can show up on your own, though your odds of success should increase if you have an attorney. If your brother has an attorney, you should definitely have one. If you hire an attorney, bring him or her a copy of the will to review when you meet.
Heirs don't pay estate taxes; the estate itself might pay estate tax, if the estate exceeds $11,180,000.00 in 2018. The estate may also be subject to income tax if the Decedent earned income that year (the same way a person pays their own income tax each year), or other taxes. Please note, you...Read more »
This is more complicated than you realize. No one can answer your question without knowing who the owner of the house was at the time of her death, how the title was held (Life estate? Joint tenancy with someone? Tenancy in common with someone?), whether your mother left a will or not, etc. Gather...Read more »
Your state probably provides remedies though the courts if a Trustee is uncooperative. These may include requiring that you be shown the trust and/or removal of a trustee. You will need the help of an experienced Illinois attorney.
My mom passed away last July. Her will is in probate. The final accounting has been completed essentially all that is left to do is distribute the funds and sign the final paperwork. My Aunt was the executor. In the will I am named as alternative executor if she were unwilling/unable.... Read more »
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