does property need to be deeded into a family trust in order to avoid probate

1 Answer

Answer :

Yes, I was told so. If you are concerned about the probate cost, that varies by state.

Related questions

Description : We own deeded timeshare property in Florida and South Carolina with Wyndham. We can no longer afford to pay the monthly payments. What options do we have so we do not lose any more of the money already invested into the property?

Last Answer : you might want to sell it as fast as possible

Description : if a person passes and doesn't own any property, do you still have to go to probate court. also, if they owned property and signed it over to a relative, is there a time frame before you die this this should take place?

Last Answer : If there are any assets and debts, the estate will be probated. The assets do not have to include real property. If the individual deeded the property to another prior to his passing, the property belongs to the deed hold.

Description : My brother just passed away in Albuquerque, New Mexico, he did not have any real property (real estate) he did own his vehicle and tools. His total amount of assests is around $30,000 and that might be high. Do I have to go through probate. ?

Last Answer : Yes because you need to transfer the property to be able to sell it.

Description : To achieve a compromising approach one needs to: (a) avoid overt disagreement. (b) value openness and trust. (c) dominate the other conflicting party. (d) give up something of value. 

Last Answer : (d) give up something of value. 

Description : Does every estate have the need for a probate lawyer?

Last Answer : No not every estate needs one. If the size of the estate is very modest and no one will contest it because it it straightforward then the matter can be handled in probate court where the judge ... challenged by someone then by all means get an attorney. He may save you years of legal nightmare.

Description : If I need the money for medical bills, is it possible to get a probate cash advance on my inheritance?

Last Answer : For Heirs of a Probate who need advance cash on their Inheritance now, rather than waiting for the Estate in Probate to close, Heir Advance Company offers you an immediate Probate Loan, or Inheritance cash advance solution.

Description : My father died 11 years ago and my step mother never put his estate into probate. what can I do now. ?

Last Answer : This is illegal. Contact an attorney. A will must go through probate or the estate itself must go through probate, but even if she legally inherited everything, there must be a probate process to hand over all legal title to her.

Description : My mom set up a testamentary trust for her property 6 years ago. Two months later she suffered a fall with resulting brain injury. The property has been sold in the past 6 months-can the proceeds go to her care or must it go to the beneficiaries. ?

Last Answer : Her bills need to be paid first.

Description : Probate question. See inside.

Last Answer : You need to get an attorney right away. It depends on the terms of the trust. How did your cousin access it? What were the terms if your mother was dead?

Description : What is the name of the document (authority) that a court issues to a personal representative (executor) in an intestate probate proceeding?

Last Answer : Do you mean “power of attorney”? Or you may find the answer in this article—one term mentioned is “probate of heirship”

Description : how to tell when probate is over

Last Answer : Need Answer

Description : how and when to file probate?

Last Answer : Usually your state law would determine if you had too. Normally you will need to and the time depends on the law in your state and is thirty days in a lot of places. call you probate court...they will be able to help you.

Description : What is California cap or limit for legal fee for probate?

Last Answer : what is the limit a lawyer can charge in California forprobate

Description : Do you have to go through probate in Connecticut?

Last Answer : If the decedent was the sole owner any property such as realestate or bank accounts then the estate must be probated.

Description : How to Understand Probate?

Last Answer : Probate is a legal term and a process. The term refers to the actions by a court to prove what the final wishes of a decedent are and who their legal heirs are. The process is the ... are valid and lawful.Certain probate procedures must be followed when an estate passes into that court's j

Description : Where can I find information on Michigan probate law?

Last Answer : Your state Bar Association Website is always a great resource for law related questions. I have included a link to the Michigan Bar Association page that addresses Probate ... ://www.legislature.mi.gov/%28S%28vam5jxjmtjnbzsfkv0jlh53k%29%29/mileg.aspx?page=GetObject&objectname=mcl-chapters-701-713)

Description : What is the probate law?

Last Answer : Probate law has to do with the legal distribution of the estate of a diseased person. Probate court can be avoided by having a living trust, or a will, that specifies who the recipients of the estate will be.

Description : What is a typical fee charged by a lawyer handling a probate?

Last Answer : The cost of hiring a probate lawyer varies throughout the United States. The average cost of hiring a lawyer for a standard estate is $1,500 as a national average.

Description : How do I get my probate money?

Last Answer : Your inharitance money needs to go through probate to be sure no one else has claims to it. Probate will run it's course quickly if there is a will. If you are having issues getting your probate money ... States. By using this site, you will be able to find the best probate attorney in your area.

Description : Do we have to go to probate court if a will is uncontested?

Last Answer : The executor of the estate submits the will to probate court if it is necessary to do so. It is only necessary when there is a large estate, many heirs, outstanding debts, or a possibility if ... go to probate court. The process is faster though and you will be put on the uncontested docket.

Description : What is the job description for a probate attorney?

Last Answer : A probate attorney advises and helps in the probate process. This includes management of estates, securing life insurance payouts, details of appropriate retirement plans, et cetera.

Description : What types of fees are associated with getting a cash advance on my inheritance while it is still in probate?

Last Answer : For Heirs Who Want Advance Inheritance Cash Quickly & Securely: Probate Cash ... form of a house and property only, with no cash, can we still apply for a Probate Loan? ... What court fees and ... with Probate? .... The inheritance advance took my focus off money. Instead of getting further ...

Description : Is ther a time limit on how long probate will last with an uncontested will?

Last Answer : It usually has to stay open for 6 months.

Description : Is it possible to file probate without a lawyer in the state of Florida?

Last Answer : No Florida does not require you to use a lawyer to probate an estate, but probate can be complicated

Description : MY HUSBAND RECENTLY DIED. HIS WILL LEAVES HIS ENTIRE ESTATE TO ME. IS IT NECESSARY TO PROBATE HIS WILL?

Last Answer : Probate may be needed it would be best for you to consult a probate attorney.

Description : In state of Virginia, when a widow dies does her will have to go thru probate There are three children (adults).?

Last Answer : Yes, it will have to go thru probate. This happens at the county court offices

Description : We have added our daughter to our Deed to our Home, by a QUIT CLAIM DEED. She is given the rite of survivorship& her name shows on the tax rolls. Would this have to go through Probate ?

Last Answer : Yes as the house could still be claim to pay any debts you have.

Description : how do i find out if a will has probate yet?

Last Answer : You have to speak to the lawyer who drew up the will.

Description : My mother passed recently and had no living will.I am her only child. Do I have to go through probate to access funds in her bank account?

Last Answer : Yes, this must go through probate. The only exception is if you are already a joint account holder or if she had an "in the event of death" beneficiary on the account with your name on it.

Description : Is there a statute of limitations for probate and does a will, filed in a different State matter?

Last Answer : The state of filing wont matter. A Will must be filed for probate within four years after the date they died.

Description : what happens when someone dies and his estate never goes through probate and then the executor of his estate dies ?

Last Answer : You should seek official legal advice, but the online consensus seems to be that the 2nd person in line to be executor becomes in charge of the estate.

Description : How is a house valued in probate The apprasial amount or Market value Balance of mortgage is $127,000. Can the spouse buy out the adult children ?

Last Answer : The home should be valued at "fair market value", which is the value that a willing buyer and willing seller would set the house at, assuming they each knew all applicable facts. The spouse can buy out the adult children under some circumstances.

Description : I am the executor of my brother's will. He lived in Iosco County, died in Kalamazoo County and I live in Allegan County. Where do I have to file probate and is it ok to have a Allegan County lawyer if I file in Iosco County?

Last Answer : You will need to file in The county in which he lived. Any lawyer will be fine as long as they handle this type of case. It is fairly easy to do as I did with my father. The lawyer should handle all details of this process.

Description : do you have to have a lawyer to probate a will if the will dictates who is teh executor ?

Last Answer : If you already have a named executor, there is no need for a lawyer.

Description : In case the balance was above one lac in deceased depositor account___ is necessary a) Witness of responsible person b) Thumb impression of the deceased person c) Succession certificate or Probate of will or letter of administration d) All the above

Last Answer : c) Succession certificate or Probate of will or letter of administration

Description : If a person dies and is at time of death the holder of a saving certificate and there is no nomination in force _____should be produced within 3 month for payment a) Death and probate of his will ... certificate granted under the Indian succession act 1925, d) Any one of the above e) None of these

Last Answer : d) Any one of the above

Description : How to Probate a Will ?

Last Answer : How to Probate a Will Planning for the future can be an exciting task. Nothing beats the feeling of finally making your dreams come true, but one aspect of the future that may be hard to think about is ... may be leaving them behind, but you won't be leaving them without things to remember you by.

Description : How do I tell my best friend that she shouldn't trust an old family friend?

Last Answer : Tell her that seeing as how the cat is so precious to her, she should double-check and get a second opinion, just to have her bases covered.

Description : What liabilities/responsibilities will I incur if I become a co-executor of a trust for a family member?

Last Answer : Oh, the hell with it. I've been composing, recomposing, and re-recomposing and editing my comment for several minutes now and I'm done. You really should probably do at least one initial ... him or her what your liabilities and responsibilities might and would be. That's what lawyers are for.

Description : Who do you trust most in your family?

Last Answer : I trust my mother because she's my parent and will always wish me well no matter what.But also my brother ,because his always there for me and if I ever need anything he can hook me up with almost anything

Description : Who do you trust in your family?

Last Answer : I trust my only biological daughter in my family. Aside from being God - fearing, she is the flesh of my flesh and the blood of my blood. I know that she will never forsake me. She would defend me and care for me as I did to her while upbringing her.

Description : Can a family trust be legally changed if the person has dementia?

Last Answer : A trust cannot be challenged if it was created before the personhad dementia.

Description : Can a person with power of attorney change a family trust?

Last Answer : The answer depends on the details. You should review the document that created the POA for language regarding the powers of the trustee and the trust document for language regarding amendments to the ... the trust document and explain your options especially if you suspect the AIF of self dealing.

Description : DDT should not be allowed to come in contact with iron (during itsmanufacture) to (A) Avoid its decomposition (B) Prevent sulphonation of the monochlorobenzene by the acid catalyst (C) Achieve non-hygroscopic property (D) None of thes

Last Answer : (A) Avoid its decomposition

Description : Would you buy, say, a saltwater fish tank on Craigslist? Would you trust that everything is in working order?

Last Answer : Well, for $150 what have you got to lose? I would go for it.

Description : Which is the model have to develop in order to protect e-commerce and online shopping provided by e-logistic vendors a) Cloud model b) API model c) Security model d) Trust model

Last Answer : Trust model

Description : How can I avoid awkward situations at family reunions with family members that don't know I'm IN the family?

Last Answer : it’s unreasonable to expect them to just know who you are, right? they can’t know without learning, can they? you have to introduce yourself and become known. that’s how it should be.

Description : What's a topic you avoid the most around family or friends?

Last Answer : Flat earth

Description : Can you suggest a diet that might help me avoid heart disease, which runs in my family.?

Last Answer : The most important thing to remember about your diet if you are trying to avoid Heart disease is to monitor everything you eat. There are several foods that are suggested to eat to help decrease your ... the fatty foods and anything that is high in saturated fat. A clean diet is what you need.

Description : Can We Trust Thyroid Panels? Should We Decide if We Need Replacement?

Last Answer : There is a sophisticated test to reveal even mild low thyroid and it is the TRH (Thyrotropin Releasing Hormone) test. This test requires an injection, followed by one or more blood draws at ... is expensive and inconvenient for both patient and the lab. http://allonhealth.com/hypothyroidism-test.htm