Question: I have a house in Texase that I bought in 2001 and paid off in 2009 when I was not married. I got married in 2014 and my husband moved with me. In October 2023, his mother died. My [...]
Question: My husband and I have a home in Florida and the deed is registered so that we have a life interest and our two daughters have a remainder interest. I thought we could just use the [...]
Question: We don’t own our house as “joint” tenants; we are co-owners and are listed on our loan papers as co-mortgagors. I’ve read that in Oregon persons who are [...]
Question: I am the sole successor trustee and sole beneficiary of my mother’s Massachusetts grantor trust. She passed away in 2022. Her domicile was Massachusetts. My domicile is Rhode [...]
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 [...]
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 [...]
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 [...]
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: [...]
Question: I live in a house that is in joint names with my father and that carries a mortgage. My name is also on the deed but I was ruled to be permanently disabled back in 2003. Will my house [...]
Question: I created a living revocable trust and sold a house that was in the trust. The purchase price was $115,000 and we made improvements which cost $7,800, which brings the cost basis to [...]