Get free answers to your Estate Planning legal questions from lawyers in your area.
...he then stated the name of the trust as in effect at his death of which he was trustee and of which ......is named as successor trustee. The trustee is his granddaughter btw
answered on May 18, 2017
He left the residuary estate to the trust. The trustee is the caretaker.
The trust spells out who gets what.
If you are mentioned in the trust or are an heir, you are entitled to get a copy of the trust.
answered on May 16, 2017
Will - Assets stay in your name and at death distributed as spelled out in the will.
Living Trust - Assets transferred to trust and at death distributed as spelled out in the trust.
My father died recently. He has a life insurance policy of about 520,000 with my siblings and me as beneficiary. He has a car loan, house loan, and several other credit debts that total to about 100,000. I live in the house and would like to buy my siblings out of it. However there is no will or... View More
answered on May 2, 2017
Life insurance is paid to beneficiaries and is not part of his estate.
If what he has is worth more than what he owes, then one of you can open an estate and you can buy the house from the estate.
My mother moved 20 years ago to live with my brother. She passed away 3 years ago and has stock & dividends held by state of Illinois. We need to show proof she lived in IL which we don't have. We are her only heirs - IL says death certificate will not suffice. They need proof she lived... View More
answered on Apr 29, 2017
you need to find any old statements,credit cards, utility bills,drivers license,identification card..and the like. you can also prepare and file a small estates affidavit with the state
answered on Apr 26, 2017
In Illinois the will would be valid but you would be left out and treated as though you predeceased him.
I've been in the home with my mom for 23 years and took care of my bedridden mom for the last 5 years. Now that she died, the day after the funeral my siblings came over and want me out to sell the house and want the land trust put in their names too and not just mine. They originally said... View More
answered on Apr 26, 2017
Land trust has a trustee and one or more beneficiaries.
What does the trust say as to who is the beneficiary.
It it's you, then you own the house and the siblings have nothing to do with it.
If the house has to be probated, you have a claim for taking care of your... View More
answered on Apr 26, 2017
If the will wasn't witnessed by two witnesses who were present when you signed and they signed as witnesses, it's not worth the paper it's written on.
The notary doesn't count to determine whether there is a valid will.
The powers of attorney have their own wrinkles.
answered on Apr 26, 2017
If the power of attorney was properly prepared, then the only way to remove the agent (your brother) is to show
that he has violated his duty of care by failing to act in the best interests of the principal (your mother).
This might involve financial abuse or medical abuse.
I am not a citizen of the USA. My father was a citizen of the USA. 20 years passed after my father's death in the USA. How can I find out if any inheritance belongs to me?
answered on Apr 26, 2017
A good place to start is the Clerk of Circuit Court of the county in which he was a resident or owned real estate.
They will tell you if his estate was probated. If it was, you can get copies of all the records.
lien on them since late husband's death in 2011. I am the Executor of the Estate. My new husband and have jeopardized our own IRA's, savings, personal assets etc., not to mention penalties now owed to IRS to continue to maintain and pay all taxes, insurance, upkeep etc as my... View More
answered on Apr 26, 2017
Husband dies. Properties are in his name. You get appointed to administer his estate.
So far, so good.
You spent your money to try to get more out of the real estate.
If there was no will, you as widow get at least one-half plus widows award.
If you spent money to... View More
answered on Apr 25, 2017
After a person dies, anyone in possession of an original will must lodge it with the Clerk of Court.
So, check there to see if it has been lodged.
answered on Apr 25, 2017
Small Estates Affidavit does not apply because estate is larger than $100,000.00.
The real question is just exactly who is it payable to.
Typically she would have named a beneficiary.
answered on Apr 25, 2017
It's the job of the executor to round up the assets, pay the bills and distribute what is left over to legatees and heirs.
For whatever reason he seems to have delayed getting the job done.
He needs to do what the job calls for.
Does her son automatically get a share of the estate, or do we need to file something?
answered on Apr 25, 2017
People only inherit after claims against the estate are paid.
In this case, your daughter has a claim against the estate for future support of her son.
Because the child is not yet born it is a little complicated.
She needs to consult with experienced attorneys in parentage... View More
answered on Apr 25, 2017
Not unless you personally guaranteed a bill such as the one for the funeral.
Just because a person is named as an executor, he or she doesn't have to serve.
This is done by filing a declaration with the court that you refuse to act as executor.
condo to my Mom's kids and a property in Texas to my Stepdad's daughter. We are being told to get lost because the will that my Mom read from is not signed. The daughter can't be found. Please help. We live in Illinois.
answered on Apr 25, 2017
In Illinois, to be valid, a will must be in writing and properly signed and witnessed.
So, if there is no written will, then she died intestate.
What is important is to find out how the properties are titled.
That can be done by contacting the recorder of deeds or... View More
answered on Apr 25, 2017
Probate involves marshalling assets and making distribution.
There is also a requirement that creditors be given an opportunity to file claims against the estate. The usual time is 6 months.
Sometimes, probate can be avoided through a small estate's affidavit.
There is... View More
We have filed the will with Lake County, IL & the Spouse of the deceased is still alive & well.
answered on Apr 25, 2017
This is a typical case especially when one of a married couple passes away.
No estate needs to be opened if there are no assets to probate.
Sometimes an estate is opened for the purpose of discovering assets or filing a lawsuit on behalf of the deceased.
My father died 2 months before her and it says her assets would be divided equally among her surviving children. So does that mean since my father died, his kids don't get anything or do we get his share?
answered on Apr 22, 2017
It kind of sounds like your interpretation is correct, but without seeing the documents it is impossible to know for sure. You need to consult with a local attorney in the jurisdiction where the estate is being probated. You can probably get a brief consultation to answer this question and provide... View More
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.