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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Archives

Monthly Archive for: "January, 2024"
Home /
 How Can I Safely Help My Mother Rebuild Her House?
0
By Harry Margolis
In Real Estate
Posted January 31, 2024

How Can I Safely Help My Mother Rebuild Her House?

Question: My mother’s house burned down and she and my brother mismanaged the insurance money, so it wasn’t rebuilt. My fiancee and I would like to rebuild it. We’ve talked with [...]

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 Must the Beneficiaries of a Nominee Realty Trust Sign the Schedule of Beneficiaries?
0
By Harry Margolis
In Real Estate, Revocable Trusts
Posted January 24, 2024

Must the Beneficiaries of a Nominee Realty Trust Sign the Schedule of Beneficiaries?

Question: In Massachusetts, does the schedule of beneficiaries have to be signed by the beneficiaries? Response: Typically, yes. But there’s actually no law on this. So the answer depends [...]

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 How Do We Resolve Family Legal Dispute Over Property?
0
By Harry Margolis
In Irrevocable Trusts, Real Estate
Posted January 22, 2024

How Do We Resolve Family Legal Dispute Over Property?

Question: My family has a trust that only holds property in Montana and $1,500 in cash left. The trustee has wasted money over the last four years. One beneficiary wanted to buy the farm and [...]

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 Can Wife Recover Misspent Trust Funds from Husband in Divorce?
0
By Harry Margolis
In Special Needs Planning
Posted January 19, 2024

Can Wife Recover Misspent Trust Funds from Husband in Divorce?

Question: A disabled woman has a court-established special needs trust primarily for medical expenses after serious injuries from an accident. During her marriage, the husband’s friend was [...]

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 How Do I Open a Trust Account from Outside the United States?
0
By Harry Margolis
In Non-US Citizens, Revocable Trusts
Posted January 12, 2024

How Do I Open a Trust Account from Outside the United States?

Question: I have a property in Nevada but on escrow now. I would like to make the purchase in the name of my living trust. Only problem now is I am outside the country and have not opened a [...]

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0
By Harry Margolis
In Irrevocable Trusts
Posted January 10, 2024

Can Trustee Make Partial Distribution When One Beneficiary Has Not Signed Release?

Question: Can Trustee Make Partial Distribution When One Beneficiary Has Not Signed Release? I am co-trustee of my parents’ trusts. All the funds have been at the same bank from the time [...]

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 Can a Nominee Realty Trust Get a Mortgage or Line of Credit?
0
By Harry Margolis
In Real Estate
Posted January 8, 2024

Can a Nominee Realty Trust Get a Mortgage or Line of Credit?

Question: Would a bank grant a refinancing or line of credit to the mortgage of a house held in a nominee realty trust? There are two people named on the schedule of beneficiaries. Response: [...]

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 Do I Need to File a Gift Tax Return for Gifts to Non-U.S. Citizen?
0
By Harry Margolis
In Estate and Gift Taxes, Non-US Citizens
Posted January 5, 2024

Do I Need to File a Gift Tax Return for Gifts to Non-U.S. Citizen?

Question: I have question regarding taxable income. I am a US citizen living in Thailand. Over the next several years I want to build a house with my domestic partner of the the past 22 years who [...]

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 Can My Child Get Disability Benefits Even If I’m Not a U.S. Citizen?
0
By Harry Margolis
In Non-US Citizens, Special Needs Planning
Posted January 3, 2024

Can My Child Get Disability Benefits Even If I’m Not a U.S. Citizen?

Question: Can I get disability for my 3-year-old son who was born here even if I am not a citizen? Response: Yes. A child’s eligibility for benefits is not based on the citizenship of his [...]

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Categories
  • Asset Protection (38)
  • Charitable Giving (11)
  • Durable Powers of Attorney (54)
  • Estate and Gift Taxes (70)
  • Guardianship and Conservatorship (14)
  • Health Care Directives (15)
  • Irrevocable Trusts (77)
  • Long-Term Care Planning (198)
  • Non-Traditional Families (18)
  • Non-US Citizens (43)
  • Pets (6)
  • Practical Matters (17)
  • Probate (66)
  • Property in Other Countries (6)
  • Real Estate (124)
  • Retirement Plans (25)
  • Revocable Trusts (150)
  • Second Marriages (12)
  • Social Security (20)
  • Special Needs Planning (99)
  • Trustee (55)
  • Vacation Homes (5)
  • Wills (69)
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Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

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Harry Margolis book: The Baby Boomers Guide to Estate Planning

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Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book
(An Amazon Prime Reading selection)

Read Sample Chapters