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Actual for You - Is it Time to Have Your Estate Plan Reviewed?
Ambassadors to other countries are a vital part of international relations. It is not uncommon for an ambassador to be the face or image of one country to another. Ambassadors act as a window into the importance of education, security, financial situations, business, and other societal issues. An ambassador has th
My husband's half share of our house is worth over
Well it looks as if we need to make some serious choices with our government, as they just will not stop spending will they? They just keep blowing money on all sorts of crap, none of really relevant to anything in the Constitution, except the military expenditures perhaps.Nevertheless it is time to downsize a
I feel sorry for many of the folks who write, since they have gotten themselves into some pretty serious legal problems.
I can't (and don't) respond to specific questions, but sometimes like to change the questions around a little (to protect the person asking) and give my comments so everyone can learn.
Listen to this poor widow (not only has she just lost her husband, but now she is in the middle of a legal mess):
Dear Mr. Craig,
I have had an AB Living Trust since 1992. My husband recently passed away.
I am confused as what to do about our living trust.
Some items, mentioned in the trust (real estate) were never deeded to trust (still in joint tenancy).
At the time of my husband's death, some investment items were (are) still in my husband's name, with no beneficiary, especially items from our late daughter's estate (deceased 2002) including one-half share in my late daughter's house (there was a probate distribution which gave equal shares to my husband and myself). This was never changed to our living trust or to joint tenancy.
My husband's half share of our house is worth over
Binders are perfect presentation solutions. They organize loose papers and help give a more professional impression for presentations. They have been around since the later half of 19th century. However, since 1954 the American thermoplastic industry pioneered manufacturing and custom printing of these loose-leaf pro
Listen to this poor widow (not only has she just lost her husband, but now she is in the middle of a legal mess):
Dear Mr. Craig,
I have had an AB Living Trust since 1992. My husband recently passed away.
I am confused as what to do about our living trust.
Some items, mentioned in the trust (real estate) were never deeded to trust (still in joint tenancy).
At the time of my husband's death, some investment items were (are) still in my husband's name, with no beneficiary, especially items from our late daughter's estate (deceased 2002) including one-half share in my late daughter's house (there was a probate distribution which gave equal shares to my husband and myself). This was never changed to our living trust or to joint tenancy.
My husband's half share of our house is worth over
The battle in the industry had totally perked up into tight and stiff competition. Businesses had used different marketing strategies in order to be recognized and be on top of the line in the business. Numerous advertising methods and plan were used and among the very most effective one are the utilization of brochu
Dear Mr. Craig,
I have had an AB Living Trust since 1992. My husband recently passed away.
I am confused as what to do about our living trust.
Some items, mentioned in the trust (real estate) were never deeded to trust (still in joint tenancy).
At the time of my husband's death, some investment items were (are) still in my husband's name, with no beneficiary, especially items from our late daughter's estate (deceased 2002) including one-half share in my late daughter's house (there was a probate distribution which gave equal shares to my husband and myself). This was never changed to our living trust or to joint tenancy.
My husband's half share of our house is worth over
People Inefficiencies: Organizations are run by individuals. Each individual who is part of the organization has some degree of responsibility for certain number of actions, processes, etc. Let us call these “people tasks.” For example, the hiring process requires the use of an interviewer; thus, the interview pr
At the time of my husband's death, some investment items were (are) still in my husband's name, with no beneficiary, especially items from our late daughter's estate (deceased 2002) including one-half share in my late daughter's house (there was a probate distribution which gave equal shares to my husband and myself). This was never changed to our living trust or to joint tenancy.
My husband's half share of our house is worth over
Since 1990 I have focused on the three primary barriers which affect the performance of salespeople:1. Low confidence and self image2. A low sense of personal responsibility for their performance, and3. A low acceptance level of the need to practise selling skillsIn all top performers, and
My husband's half share of our house is worth over $100,000. Evidently this will have to go through probate. Without the house, my husband's assets are less than $100,000. I have had "offer" by a lawyer to clear up the living trust for about $3,000, plus an attempt at an "Estate of Heggsted" petition to avoid Probate (another $3000 or so).
I didn't realize a Living Trust could be so complicated or expensive.
I thought a "Pour-Over Will" would put items not listed into the trust.
Plus, I didn't realize what an AB Living Trust meant and that it had to be divided between the survivor and the deceased spouse and that I am limited as to what I can use from his share.
I'm learning the hard way. Sorry this seems so confusing.
My first impression? When did they last go over their estate plan with their lawyer?
Here they violated one of the main rules in estate planning: whenever there is a major change in your life situation (a life changing event such as the death of a
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