Search for: "Estate of Childs"
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2 Nov 2007, 3:53 pm
He owned a home and had some bank accounts, leaving a respectably sized estate. [read post]
14 Oct 2008, 5:57 pm
I have about only 5% equity in it and child who is under 18 lives with me there and it is their primary residence.Answer: If you go bankrupt, the trustee is required to take your assets and turn them in to cash. [read post]
12 Apr 2010, 6:55 pm
The estate planning lawyers at Roy M. [read post]
28 Sep 2010, 4:01 am
One for the benefit of each child, and one "generation skippping" trust for each child's family. [read post]
22 Feb 2011, 11:05 am
Her husband, an aviation executive, died in 1999 and their only child passed away in 1963. [read post]
4 Aug 2009, 7:22 am
Category: Estate PlanningCongratulations! [read post]
8 Oct 2007, 2:22 am
Category: Estate PlanningCongratulations! [read post]
26 Jun 2013, 4:32 pm
Trusts and Estates attorneys, however, are not entirely out of business. [read post]
8 Aug 2018, 12:33 pm
The disinherited fourth child sought to challenge the document’s validity. [read post]
22 Jul 2019, 7:33 am
Your relative’s estate could be probated after you die, and, your estate would be the heir. [read post]
16 Dec 2014, 6:26 pm
The share of each child, provided he attained majority, would be liberated from the trust on his death, and the suspension of that share would in that event be but for one life only; but if either child should die during minority without issue, there would be a further suspension of the absolute ownership of his share during the life of the survivor. [read post]
22 Mar 2015, 7:24 pm
The share of each child, provided he attained majority, would be liberated from the trust on his death, and the suspension of that share would in that event be but for one life only; but if either child should die during minority without issue, there would be a further suspension of the absolute ownership of his share during the life of the survivor. [read post]
15 Nov 2015, 6:18 pm
Distributions in excess of that standard require the cooperation of a Co-Trustee – often an adult child of the surviving spouse or a trust department of a bank. [read post]
9 Feb 2011, 2:00 am
Nice states that while she was pregnant with her second child, she and her husband decided it was time to draw their wills. [read post]
23 Dec 2019, 8:34 am
While worrying about inheritance allocations may seem like an issue that will not need to be addressed immediately, it is always advantageous to prepare for an unpredictable future, with the help of an estate planning attorney. [read post]
28 Aug 2012, 5:33 pm
This is often done so the child can keep an eye on expenses. [read post]
3 Oct 2022, 1:36 pm
According to David Reiss, a professor at Brooklyn Law School who specializes in real estate, a parent acting as a co-borrower has the same responsibilities under the loan as their child. [read post]
14 Jul 2013, 12:24 pm
Of course, if you were looking to include an adult adoptee as a beneficiary, such as when a foster parent adopts an adult foster child, your estate planning documents should specify this desire. [read post]
10 Jul 2006, 5:21 am
This is commonly done by adding a paragraph the the Power of Attorney as the attorney-in-fact is usually a family member who gifts might be made to in any event (ie: a spouse or child). [read post]
15 Oct 2006, 2:26 pm
" There is a $5,000 cap on any such transfer unless the money was transferred more than 720 days prior to filing, in which case there apparently is no limit.As a practical matter, this means that if you see bankruptcy as a possible option, but not one that is likely to happen within the next year, you can shelter funds by putting them in an education IRA for the benefit of a child, stepchild or grandchild.Section 541(b)(6) similarly exempts from the bankruptcy estate… [read post]
