by admin | Feb 10, 2022 | Probate (death)
Question: I have adult children and recently remarried. I have no will. If I die tomorrow, who gets my stuff – my wife or my kids? Answer: Good news: the rules are clear without a will or trust. Your wife gets 100% of the estate if: all surviving kids, grandkids, etc....
by admin | Jun 10, 2021 | Probate (death)
Question: My mother’s will names me as the personal representative of her estate, and says I can serve “without the need for a bond.” When I filed with the probate court, they are making me complete a bond. Why is a bond needed? Answer: The role of personal...
by admin | Mar 18, 2021 | Probate (death)
Question: My mother is 90 years old and we are considering a nursing home. She has a total of approximately $20,000 in assets. Can we save some of this money before applying for her nursing home services? Answer: If your mom needs a nursing home, and you expect to ask...
by admin | Jan 21, 2021 | Probate (death)
Question: The deed to my house says my girlfriend and I own as: JTWROS. What the heck does this mean? Answer: It means you really liked your girlfriend when you bought the house. A house owned by more than one person can be a) linked together, or b) held in two...
by admin | Jul 25, 2019 | Probate (death)
Question: I am getting ready to select how I want my pension to be paid when I retire. Do you have any advice about the various payment style options? Answer: Congratulations. Pensions are becoming a rare benefit, offered primarily to public sector or union...
by admin | Jun 27, 2019 | Probate (death)
Question: My husband got a reverse mortgage on our home three years ago. At the time, I was under the age limit of 62 and was not part of the loan. He recently passed away. Will the reverse mortgage company force me to sell my house? Answer: Due to an age limit for...
