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re: Ever been through a succesion after a parent dies?
Posted on 1/6/16 at 12:09 pm to Chad504boy
Posted on 1/6/16 at 12:09 pm to Chad504boy
quote:
Ever been through a succesion after a parent dies? by Chad504boy
eventually most goes to uncle sam regardless.
No inheritance tax under I believe 5 million
0
Posted on 1/6/16 at 12:13 pm to NatalbanyTigerFan
Cut them a check, wire it to them, whatever the want.
If there are any issues, talk to the bank.
If there are any issues, talk to the bank.
Posted on 1/6/16 at 12:14 pm to jbgleason
quote:
And why is it that an Attorney has to be used for a simple succession? Pisses me off that they get paid for something that I should be able to go down to the Clerk's office with a certified Death Certificate and fill out a form to do.
there is no requirement in La. that you use an attorney. There aren't any forms to fill out, but you can prepare all of the pleadings and file it yourself. i did my own mom's succession with no problems.
but then again i've been an attorney for 24 years.
people typically use an attorney for successions because we know how to do it better than the average heir.
sorta the same reason you hire any professional.
Posted on 1/6/16 at 12:36 pm to LNCHBOX
quote:
You have almost 5000 more posts in a just about equal time as a member on this site. Was there a point you were trying to make?
I'm obviously not an attorney either, therefore my job allows much more free time. Or maybe he's not that good of an attorney and has no clients and all the free time he wants.
Either way, thanks for stalking my post count freak!
Posted on 1/6/16 at 12:50 pm to NatalbanyTigerFan
mt1 is a tax attorney. He does this stuff. Maybe he can chime in.
Posted on 1/6/16 at 12:56 pm to Weaver
Just talked to the attorney that is handling the succession.
He said once the Judgement of Posession is signed, checks will be issued to all beneficiaries.
He said once the Judgement of Posession is signed, checks will be issued to all beneficiaries.
Posted on 1/6/16 at 12:56 pm to Weaver
Is this in LA? Is there a surviving spouse?
Posted on 1/6/16 at 12:58 pm to Janky
quote:
Is this in LA? Is there a surviving spouse?
Yes
No
Posted on 1/6/16 at 1:04 pm to NatalbanyTigerFan
quote:
He said once the Judgement of Posession is signed, checks will be issued to all beneficiaries.
If you are the executor or ind. admin. it is always a good idea to leave a little extra money in the estate account to make sure all the bills are paid. Getting money back from the heirs to pay bills is not fun.
Posted on 1/6/16 at 1:21 pm to NatalbanyTigerFan
quote:
And as a client, I'd rather have an attorney that doesn't spend most of his day on message boards. But thanks for the helpful info.
Then why did you ask for free legal advice on a message board?
Posted on 1/6/16 at 1:24 pm to NatalbanyTigerFan
GF is the executor of her father's estate and it's a fricking nightmare. It's taken two years and counting. She hopes to have it finalized this year. One of her brothers has contested everything right down to meaning of individual words in the will. They only communicate through lawyers now, and once it's over I doubt they will ever speak to each other again. Very sad and frustrating. You don't know a person's real character until money or the prospect of money is involved.
Posted on 1/6/16 at 1:32 pm to jbgleason
quote:I had been licensed for 2 months before I did my first simple succession. I charged $500.00 and took care of what they asked me to. Pay a lawyer or go to law school.
And why is it that an Attorney has to be used for a simple succession? Pisses me off that they get paid for something that I should be able to go down to the Clerk's office with a certified Death Certificate and fill out a form to do.
Posted on 1/6/16 at 1:32 pm to LNCHBOX
quote:
You have almost 5000 more posts in a just about equal time as a member on this site. Was there a point you were trying to make?
Think he is worried that since he responded to him in this thread he will bill his file a tenth of an hour then go have drinks.
Posted on 1/6/16 at 1:36 pm to Jim Rockford
quote:
GF is the executor of her father's estate and it's a fricking nightmare. It's taken two years and counting. She hopes to have it finalized this year. One of her brothers has contested everything right down to meaning of individual words in the will. They only communicate through lawyers now, and once it's over I doubt they will ever speak to each other again. Very sad and frustrating. You don't know a person's real character until money or the prospect of money is involved.
Sadly, this kind of thing happens pretty often from what I understand. Good luck to your GF.
Posted on 1/6/16 at 1:50 pm to FearTheFish
quote:
As an attorney, I can assure you that you are my least favorite type of client.
Or the most favorite. Let them Google it and screw it up and then they have to come to you to fix it. More $$$!
Posted on 1/6/16 at 2:18 pm to Jim Rockford
quote:
You don't know a person's real character until money or the prospect of money is involved.
i was amazed while taking successions from Prof. Mengis at the dollar amounts at issue in many of the cases in the text book. These are cases that make their way through the appeals process ultimately to the supreme court. The court costs and attorney's fees far exceed the amounts at issue in some of the cases.
Posted on 1/6/16 at 2:46 pm to piratedude
I know all too well how family can get ugly when money is involved. My brother and I went through this with the untimely passing of my father in 2014. We gave usufruct to my mother for the house and their bank accounts but there was the issue of my father's separate property. It was percentage of a family business that his siblings and mother we involved. Long story short business was sold I we got paid but the family isn't on the best speaking terms. At least i got my check tax free
Posted on 1/6/16 at 3:19 pm to NatalbanyTigerFan
Y'all should have a good old fashioned duel.
Posted on 1/6/16 at 3:26 pm to NatalbanyTigerFan
quote:
Or maybe he's not that good of an attorney and has no clients and all the free time he wants.
His daily post average is 0.367, or basically 1 post every 3 days. I'm pretty sure you don't need a lot of free time to accomplish that.
quote:
Either way, thanks for stalking my post count freak!
You're the one that brought it up, so...
Posted on 1/6/16 at 4:41 pm to LSUTigersVCURams
quote:
Damn baw you got robbed
if someone got robbed it was my dad, and i don't think it mattered to much to him at the time.
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