Can a father in law transfer property to a third person? However, the self-acquired property of the father can be transferred by him to any third person. Legal heirs to an ancestral property have a birth right to inherit a share in the property. Can a father give away his ancestral property? Also, the ancestral …
Can bond mutual funds lose money?
Can bond mutual funds lose money? Bond mutual funds can lose value if the bond manager sells a significant amount of bonds in a rising interest rate environment and investors in the open market demand a discount (pay a lower price) on the older bonds that pay lower interest rates. Also, falling prices will adversely …
How do you deal with your parents getting older?
How do you deal with your parents getting older? Summon the courage and strength to embrace the cycle of life. Become a competent caregiver. Vent when necessary. Honor and celebrate their lives while they’re here. Get to know them even better. Be there for them when they need you. Is Getting Old Depressing? Despite what …
Who is in charge of DCFS in Illinois?
Who is in charge of DCFS in Illinois? Currently, DCFS and the Illinois Department of Healthcare & Family Services (HFS) – the state’s Medicaid agency – are planning for the implementation of managed care for DCFS. They are working with YouthCare, private agency providers and other child welfare experts to ensure youth’s needs are prioritized …
What was life like for kids in the 70s?
What was life like for kids in the 70s? The 1970s was a time filled with interesting, questionable, and exciting things. From fashion to television, to children toys, and to kitchen equipment, the 70s had a bit of everything for something. A time where experimentation with most things was encouraged. What do people who grew …
Can brother in law be a co applicant for home loan?
Can brother in law be a co applicant for home loan? Two brothers can be co-applicants of a home loan only if they live together in the same property. They must be co-owners in the property for which they are taking a home loan. However, a brother and sister cannot be the co-applicants of a …
Does a nursing home take all of your money?
Does a nursing home take all of your money? A nursing home doesn’t take all of your money the second you walk through the door. Nursing homes do cost a tremendous amount of money – often over $200 a day – so, eventually, a person may end up paying all of his money to the …
What age can you inherit property?
What age can you inherit property? Until a person reaches the age of adulthood—18 in most states—they cannot legally inherit any money, property, or other assets from a trust or a will. If you want to allow a minor to access your money while they are underage, you do have certain legal options. How does …
When to set up a special needs trust?
When to set up a special needs trust? The trust can be established while the parents are still alive or be part of a will that calls for the trust’s creation when they die. The purpose of a special needs trust is to provide for a person with disabilities without jeopardizing government benefits such as …
What to do if someone dies without leaving a will?
What to do if someone dies without leaving a will? Children – if there is no surviving married or civil partner If there is no surviving partner, the children of a person who has died without leaving a will inherit the whole estate. This applies however much the estate is worth. If there are two …
Do you have to probate a will in Tennessee?
Do you have to probate a will in Tennessee? Probate is a legal process that is often required in the state of Tennessee after a person’s death. However, the process can take longer if there is a dispute over the deceased person’s will or any unusual assets or debts involved. How long does it take …
Do you have to give your executor a copy of your will?
Do you have to give your executor a copy of your will? Consider giving your executor a copy of your will. If your will is a relatively simple one, giving the entirety of your estate in equal shares to your children, for example, you might want to go ahead and give a copy of your …