RSSEstate Planning With Christopher Yugo
Q: What is a Lady Bird Deed? Can it be used to transfer ownership of our second home in Michigan to our family outside of probate?
Q: I know you have said you don't like adding children as joint owners on bank accounts, but I can't remember why. It seems like adding a child on the account would be a good thing. Why don't you like it?
This past week marked the 28th anniversary of my mother's death. I attempted to make the traditional visit to her grave, but 3 feet of snow made it impossible to locate.
Q: My dad passed away and we don't know what to do with the car. Can we sell it on our own or do we need to open an estate?
Q: My father passed away a few months ago. We recently received a refund check made out to his estate. What happens if he doesn't have an estate? How do we cash this check? What if he gets a tax refund?
Q: My will creates a trust for my children. Can I name the trust in the will beneficiary of my accounts and life insurance?
Q: My mother has a revocable trust and I am now the trustee. It looks like the house is in the trust but nothing else. Shouldn't she have put everything into the trust? How do I get the assets into the name of the trust now?
I don't know about you, but I'm a huge "Downton Abbey fan."
Q: I am considering giving money to one of my children. How do I account for the money in the will? What happens if he pays me back before then?
Q: How much can I gift this year? Does the amount go up in 2014?
Q: I have three children. I would like all of them to divide my estate, but I only want two of them listed in the power of attorney. Can I let one my kids make financial decisions and one of them make medical decisions? What happens if one of…
I recently had a beer with a buddy. It had a been a while since we got together and it was good to catch up.
Q: What happens if a family can't agree about funeral arrangements for a parent? Who gets final say?
"Don't confront me with my failures; I had not forgotten them."
Q: You said in a previous column most personal property owned by a married couple is jointly owned. How do you know for sure?
I've been following a tragic story involving a hunter in our home state. The hunter apparently fell out of his tree stand and severely hurt is back. While in the hospital, the family was told that the man would be paralyzed from the shoulders…
As an attorney, I'm required to attend a certain number of continuing legal education seminars each year to stay in good standing with state bar. This year I attended the Notre Dame Tax and Estate Planning Institute. Two days of Wills and Thrills.
Q: My husband and I have been married more than 30 years but most of our property is in his name alone. I've tried to get him to add my name to the property or draw up a will, but he says it isn't necessary. He says I will get everything anyw…
Q: My husband and I own all of our assets jointly. How do I leave something to my family if I die before him?
Follow The Times
Loving Care is in our title and we stand by it! At Secret's Lo…
Do You Need a Court Admissible Paternity Test? All work performed in our laboratory in Lombard IL ~ Call Us Toll Free: (866) 434-2400
Independent Forensics is proud to provide extremely profession…
2014 SEASON SUBSCRIPTIONS ARE ON SALE NOW! (from $150 - $160 and save you up to 33% off single ticket prices!)
call 219-836-3255. www.theatreatthecenter.com
219-440-0096 / www.meyerscompaniesinc.com/maintenance