Verbal contracts can be as valid as written ones, including verbal contracts made for loans.
Can I Act as the Named Executor on a 20+ Year Old Will from my Now Deceased Ex-Spouse?
Any Last Will and Testament that is in possession of the Executor or Executrix can be submitted to the probate court for administration upon the death of the Maker. How that Will will be treated by the Probate Court depends upon a number of issues.
Can I File for Business LLC or Incorporation In One State and Live In Another?
For the purposes for forming a general business Corporation or filing for Limited Liability Company (LLC) status, there are no requirements that a person be a resident of the state in which the company is to be formed.
But there is one requirement for most states that must be managed.
What is Required to Cash Checks of a Deceased Person as the Executor of a Will?
In most cases, a letter of administration (or a similarly named document) will be issued by the probate court that is administering the estate of the deceased.
That document will provide the authority to the Executor to conduct business on behalf of the estate, and would be accepted by most banks and other property and financial service providers.
Thus, a probate case must be initiated to obtain such a letter.
What if an Executor of a Will Cannot Locate a Listed Asset?
In most cases the Executor of a Last Will and Testament is required to provide a report to the probate court regarding the administration of the estate.
If an asset listed in the Will cannot be located, that asset would be included within this report.
Are Fax Copies of Signed Documents Legally Enforceable and Acceptable?
Facsimile (fax for short) versions of legal documents — or scanned and emailed documents or PDF files — are generally acceptable for use in legal proceedings to enforce contracts or obligations and, as such, can be relied upon by the recipient.
But one sticking point does exist.
How Can I Make a Sick Relative Provide Power of Attorney?
The granting of Power of Attorney is solely the choice of the individual; no one can ‘force’ another to provide Power of Attorney to another except through a court-ordered action, which is a complicated process.
Must a Quitclaim or Warranty Deed be Notarized?
Many recorder’s offices will not accept a deed that has not been notarized.
Can a Beneficiary in a Last Will and Testament Also Act as a Witness?
Beneficiaries (and any other persons specifically named in a Last Will and Testament) SHOULD NOT act as the witnesses to the maker’s signature on that Will, to eliminate any possible conflicts of interest.
If I Am in Chapter 13 Bankruptcy and Considering Divorce, Should I Convert to a Chapter 7 if I Proceed?
While filing for Divorce during the process of a Chapter 13 Bankruptcy could change your financial situation, the divorce is but one factor among many that should be considered as a part of the continuing bankruptcy action.