by GPurkis | May 13, 2019 | Uncategorized |
Yes! You can change or amend your power of attorney at any time during your lifetime. Possibly you have changed your mind about the person you chose to make decisions for you under a durable power of attorney. To make changes to your Power of Attorney, however, you...
by GPurkis | Apr 29, 2019 | Uncategorized |
The timeframe for completing the trust administration process varies depending upon the circumstances of the situation. For example, administering a trust of a married couple when one spouse passes away can be completed in a few months while the settlement of a large...
by GPurkis | Apr 15, 2019 | Uncategorized |
When someone passes away one of the first steps is to list what assets are in the decedent’s name. Accounts that are in joint tenancy, have a pay on death designation, or have a beneficiary designation can be transferred with a death certificate. There may be assets...
by GPurkis | Apr 1, 2019 | Uncategorized |
We are all living longer and our parents are living longer. All of us are going to deal with elderly parents and the eventual inheritance. What happens when one spouse inherits during the marriage? Example, Husband Sam is married to Wife Floy. They have two children...
by arietta_admin | Mar 18, 2019 | Uncategorized |
Chapter 13 bankruptcy requires that a debtor pay his or her disposable income for a period of 3-5 years. The ultimate question is how much does the debtor have to pay and for how long. One requirement is that the debtor must satisfy the “best interests of creditors”...
by arietta_admin | Mar 4, 2019 | Uncategorized |
I routinely get asked about whether an individual can be liable for a corporate debt. Clients usually form corporations to insulate themselves from personal liability. Sometimes the corporate status is abused. The doctrine of alter ego allows a party to pierce the...
by arietta_admin | Feb 18, 2019 | Uncategorized |
Pros: Automatic stay as to lawsuits, foreclosures, collection actions, creditor actions, etc. Temporary deferral of pre-petition unsecured debt payments and with limitations, secured debt payments and pre-petition rent claims. Possibly avoid and recover involuntary...
