of course). At this conference, they also decided that the court-appointed guardian and the court-appointed evaluator would come to the house to do an inventory. For this “service,” they were getting ready to bill us way more than the value of anything in the home. I...
When an individual other than a spouse inherits an IRA, the beneficiary is not allowed to contribute to the IRA or roll money into or out of the IRA. However, the beneficiary can establish a new IRA -- in the name of the deceased for the benefit of the beneficiary -- and make a tax...
Executor of deceased estates 7.5 Attorneys trust accounts 7.6 Estate agents trust accounts 7.7 Travel agents and travel agencies 7.8 Agricultural produce agents 7.9 Sheriffs of the court 7.10 Drought scheme for farmers 7.11 Honorary auditor for club, institute or association 14 2 1 Introduction The ...
Another issue is based on people assuming that the person named as the guardian also must be the executor of the will or the same individual in charge of ensuring the kids are taken care of financially. They have a hard time identifying this person especially if they don’t have family in...
However, this would also mean the responsibility of overseeing her health care decisions and finances, as well as providing regular reporting to the guardianship court. If your mom is toxic and abusive though, consider carefully whether you would want that responsibility. I am my mom's ...
it is a legal contract that becomes effective immediately. This contrasts with a last will and testament that directs an executor to possess and distribute your property after your death. One of the primary reasons for creating a living trust is to avoid probate proceedings, even when there is...