Does your husband have rights to your inheritance from your mom?
This depends on many factors. First and foremost are you in a community property state? Did the inheritance pass through a will or a trust?
I would suggest you talk to an estate attorney. However, in most cases once you receive the inheritance into your estate as a married couple it becomes the property of both spouses. Therefore, they may have a right to half of the inheritance. Also if you have been married for a set period of time as designated by your state then they too may have a right to half of the inheritance. Once the inheritance was removed from your mother's estate in no longer was your mother's property, but was added to your estate. Being married give your spouse the right to marital assets of which this became when your mother's estate was settled and you received your inheritance.
Can a sole heir simply walk away from an intestate insolvent estate?
Yes, a sole heir can choose to renounce their inheritance from an intestate insolvent estate and walk away without assuming any of the debts associated with the estate. By renouncing the inheritance, the heir can avoid any financial liability stemming from the estate's insolvency. It is advisable to seek legal advice before making such a decision to understand the implications fully.
Laws of intestacy determine how a person's property is distributed if they die without a will. These laws prioritize family members like spouses, children, and parents to inherit the deceased's assets. If there are no eligible relatives, the state may acquire the property.
What is statutory share under the state law of intestacy what does that take care of?
Intestacy is in regards an estate for a deceased person who had property greater in value than their debts and the deceased doesnÕt have a will. In the US each state has their own guidelines when it comes to probate and estate check with the county of where the deceased passed for info.
Who is allowed to view a will?
While a person is alive their will is considered private property and nobody has the legal right to see it. Once a person passes away and the will is filed with the probate court it becomes public record and anyone can request a copy.
Can beneficiaries be forced to return inheritance?
Beneficiaries can be forced to return an inheritance in certain situations, such as if the inheritance was obtained through fraud, undue influence, or a mistake. Creditors may also have the ability to seek repayment of debts from inherited assets. Additionally, if a beneficiary has already spent or disposed of the inheritance, they may not have the means to return it.
To change a heir to an inheritance, you typically need to update your will or estate plan by adding or removing beneficiaries. It is important to consult with a lawyer or estate planner to ensure that the changes are done correctly and legally binding. Each jurisdiction may have specific rules and requirements for changing heirs.
How long does it take to get a clear title to property that is the subject of a civil lawsuit?
There is no universal answer. It depends on many factors that include the scope of the lawsuit, the professional abilities of the entity that has been retained to address the problem, the amount of corrective work needed to correct the problem, the court docket in the court of jurisdiction, etc.
There is no universal answer. It depends on many factors that include the scope of the lawsuit, the professional abilities of the entity that has been retained to address the problem, the amount of corrective work needed to correct the problem, the court docket in the court of jurisdiction, etc.
There is no universal answer. It depends on many factors that include the scope of the lawsuit, the professional abilities of the entity that has been retained to address the problem, the amount of corrective work needed to correct the problem, the court docket in the court of jurisdiction, etc.
There is no universal answer. It depends on many factors that include the scope of the lawsuit, the professional abilities of the entity that has been retained to address the problem, the amount of corrective work needed to correct the problem, the court docket in the court of jurisdiction, etc.
How long does an administrator have to settle and estate in NJ?
In New Jersey, the timeframe for settling an estate can vary based on factors such as the complexity of the estate and any disputes that may arise. Generally, it can take around six months to a year or longer to complete the probate process and distribute the assets to the beneficiaries. It is advisable to consult with an attorney to understand the specific requirements and timelines for settling a particular estate in New Jersey.
Can convicted felon be trustee of a revocable trust?
In most cases, a convicted felon can serve as a trustee of a revocable trust unless there are specific legal restrictions or the terms of the trust prohibit it. However, being a convicted felon may impact the individual's ability to effectively manage trust assets or fulfill their fiduciary duties.
What documents do you need to prove next of kin?
To prove next of kin, you may need to provide a birth certificate, marriage certificate, or death certificate. Additionally, a will or court order naming the next of kin may also be required. It's best to consult with a legal professional for guidance specific to your situation.
Does a trust need to be witness?
In general, a trust document does not need to be witnessed for it to be valid. However, it is a good practice to have witnesses present when the trust document is signed to provide evidence of the grantor's intent and capacity in case of any legal challenges in the future. It is recommended to consult with a legal professional to ensure all legal requirements are met when creating a trust.
How can I prove that I am my father's next of kin?
To prove that you are your father's next of kin, you may need to provide legal documentation such as a birth certificate showing that you are his child. Additionally, you may need to show any relevant legal documents that designate you as his next of kin, such as a will or power of attorney. It is advisable to consult with a legal expert for guidance on how to properly establish your status as your father's next of kin.
Can the terms of a trust fund be changed?
In some cases, the terms of a trust fund can be changed through a process called trust modification. This typically requires approval from all beneficiaries and/or a court order, depending on the specific circumstances and laws governing the trust. It is important to consult with a legal professional to understand the options available for modifying the terms of a trust fund.
How do you dissolve a irrevocable family trust?
Dissolving an irrevocable family trust typically requires court intervention, and the process can be complex and lengthy. It may involve demonstrating changed circumstances or fulfilling specific legal requirements for trust termination. Consulting with a trust attorney to explore your options and understand the potential consequences is essential.
Can an exeutor of a trust legally take more than their share as it reads in trust?
No, an executor of a trust is legally obligated to distribute the assets according to the terms specified in the trust document. Taking more than their entitled share would be a breach of their fiduciary duty and could lead to legal consequences.
Can a beneficiary bully a trustee?
Yes, a beneficiary can attempt to exert undue influence or pressure on a trustee to act in a certain way, but the trustee has a legal duty to act in the best interests of the trust and all beneficiaries. If a beneficiary's behavior crosses the line into harassment or coercion, the trustee may need to take legal action to protect the trust and its beneficiaries.
Can you domicile a trust in another state?
Yes, a trust can be domiciled in a state different from the grantor's state of residence. This is typically done by establishing the trust in the desired state and appointing a trustee who resides in that state to manage it effectively. It's important to consider the legal and tax implications of establishing a trust in another state.
How long does a creditor have to make a claim against an estate?
You need to check the laws in your particular jurisdiction. Laws vary.
You need to check the laws in your particular jurisdiction. Laws vary.
You need to check the laws in your particular jurisdiction. Laws vary.
You need to check the laws in your particular jurisdiction. Laws vary.
What is the percent of a trust belongs to spouse when the spouse passed away and has children?
The percentage of the trust that belongs to the surviving spouse when the spouse passes away and has children can vary depending on the terms of the trust. In some cases, the surviving spouse may be entitled to a portion of the trust assets, while the remaining assets may pass to the children. It is important to review the trust documents and consult with an estate planning attorney to determine the specific distribution.
Who is legally next of kin half sister or nephew?
Legally, the next of kin is typically determined by the nearest blood relative, so in this case the half sister would likely be considered next of kin before a nephew. However, laws can vary by jurisdiction, so it's important to consult with a legal professional for specific advice.
Can an irrevocable trust be broken in Kentucky?
That may be possible, by a court order, if the trust is found to be invalid. You need to consult with an attorney who specializes in trust law who can review the details and explain your options.
That may be possible, by a court order, if the trust is found to be invalid. You need to consult with an attorney who specializes in trust law who can review the details and explain your options.
That may be possible, by a court order, if the trust is found to be invalid. You need to consult with an attorney who specializes in trust law who can review the details and explain your options.
That may be possible, by a court order, if the trust is found to be invalid. You need to consult with an attorney who specializes in trust law who can review the details and explain your options.
What if a life estate tenant remarries?
Marriage doesn't affect a life estate unless that was made a provision in the original grant of the life estate.
Marriage doesn't affect a life estate unless that was made a provision in the original grant of the life estate.
Marriage doesn't affect a life estate unless that was made a provision in the original grant of the life estate.
Marriage doesn't affect a life estate unless that was made a provision in the original grant of the life estate.
Can a spouse change a will after her husband dies?
No, a spouse cannot change the deceased husband's will after he dies. The will becomes irrevocable upon the death of the testator. Any changes would need to go through the probate process.
Can one heir force three heirs to sell property if they want to keep it?
In most cases, one heir cannot force three other heirs to sell a property if they want to keep it, unless specified in a legal document or through a court order. All heirs typically have equal rights to the property and must come to an agreement on its disposition. If an agreement cannot be reached, a mediator or legal action may be needed to resolve the issue.