How to ensure family rental stays with the siblings?
My siblings and I were bequeathed a summer cottage in Rhode Island when our father passed away. While we technically own the structure, we rent the property (to use from May to October). As per the campground owner’s stipulation, only one sibling’s name can be on the lease. This makes us nervous, since if that […]
Can one parent legal withhold information regarding assets from the other parent after the death of a child?
I have been divorced from my ex-spouse for over 10 years. Recently, our emancipated child (not married, no children) died in a motor vehicle accident. My understanding is that, in this situation, each parent is entitled to receive 50% of the estate. I’m trying to get my ex-spouse to cooperate in generating an estate inventory. […]
Do I inherit under my grandmother’s will if my mother passed away before her?
The will states my two aunts by name and two uncles by name and follows it up with this wording exactly if they survive me by 30 days but however if any child of mine does not survive me I give the share such deceased child would have taken had he or she survived me […]
In a MA nominee trust, does “a majority of voting interest of the Beneficiaries” equal the beneficiary interest percentage?
Under “Powers of Trustees” in a MA nominee trust agreement is the following: “When, as, if and to the extent specifically directed by a majority of the voting interest of the Beneficiaries, the Trustees shall have the following powers: * to buy, sell, convey, assign, mortgage or otherwise dispose of all or any part of […]
If family trust is in place can a home be sold with out the approval of the designated trustees?
Family trust in place with my husband and brother in law as trustees. Recently made aware brother in law has home for sale( both parents alive live in home and very elderly one disabled and unable To communicate) and planning on using proceeds to buy himself a home and “move parents in with him”. My […]
If I have a life estate who holds deed and pays bills?
My friend wants to give me a life estate in his home, then he wants to leave home to charity….how will deeds and will be set up and who pays taxes etc?? ANSWER BY MARGARET CROSS-BELIVEAU: I think what you are saying is that after your friend dies, he wants you to be able to […]
If family trust is in place, can a home be sold with out the approval of the designated trustees?
Family trust in place with my husband and brother in law as trustees. Recently made aware brother in law has home for sale( both parents alive live in home and very elderly one disabled and unable To communicate) and planning on using proceeds to buy himself a home and “move parents in with him”. My […]
If I have a life estate who holds deed and pays bills?
My friend wants to give me a life estate in his home. Then he wants to leave home to charity….how will deeds and will be set up and who pays taxes, etc?? ANSWER BY MARGARET CROSS-BELIVEAU: I think what you are saying is that after your friend dies, he wants you to be able to […]
I raised my granddaughter from a baby and I have a son if I leave house to both does my son have more say so than her?
I raised my granddaughter from a baby. I have a son. Upon my death, if I leave house to both of them, does my son have say so over her whether to sell or keep the house ??? ANSWER BY MARGARET CROSS-BELIVEAU: If you leave it to them equally, he doesn’t legally have more of […]
How do I get a copy of a will when I live in another state?
I live in New Hampshire and am trying to get a copy of my mother’s will. I went to the City Clerk of the Court Cook County, but did not find a link on how to download a form to obtain a copy of the will. Obviously I cannot appear at the specified location as […]
