Is a Quick Claim Deed the answer?
My husband and I reside at my parents house for three years. We are 4 siblings, three sisters and a estranged brother. My husband and I have lived closed to my parents since 1992(Bradenton Fl) until my mother’s illness (stroke, loss of right side) and the complications of the care needed(I was working at the time) parents decided to move to Miami close to my two sisters for added help.During the first year here in Miami my mother and father executed a General Power of attorney apponting my sister as attorney-in-fact or Agent since she was living in the area.Three years ago, seeing that mom and dad were in need of live-in help my husband and I decided to move to Miami and live w/parents, resigning from my job Unfortunately, my father, a retired physician began to show severe signs of Alzheimer’s Disease to the point that he needs total help with ADLs.My mother passed away last May~(he is NOT even aware)seeing my father’s poor health my sister wants to put the house under my husband and I’s name to avoid probate at a later date. Is a Quick Claim Deed appropriate for this transaction? can this POA be transferred? I don’t even know where to start, please HELP!. Your guidance on this issue will be most appreciated. Thank you~
Tag Archives: Florida
debt of incapacitated person in Florida Problem: Incapacitated person with…
debt of incapacitated person in Florida
Problem: Incapacitated person with fairly signifcant credit card debt. This person’s only significant assets are a trailerhome and the land on which the home is located.
Questions: What is the best course of action for a general power of attorney to protect those assets (i.e. writing to the credit card companies to explain situation, filing bankruptcy for incapacitated person, filing some kind of exemption if creditors seek judgment)? Also, what is the likely course of action of the credit card companies when bills cease to be paid? Can they automatically slap a lien on the property or must they go to court to get a lien?
POA over real estate marriage of 30 year own jointly two properties, a home…
POA over real estate
marriage of 30 year own jointly two properties, a home which they living in and condo which is rented to husband daughter.Husband give his daughter GENERAL POWER of ATTORNEY over all theirs real estate. The daughter (renter) did try few times to get the condo for herself.My question is,if she is able to sell or eventually claim condo for herself without the wife knowledge.
Power of attorney Our grandfather signed a general power of attorney with…
Power of attorney
Our grandfather signed a general power of attorney with durable provision for me to act on his behalf last year. It has gotten to the point where he is unable to even sign his personal checks. When I pay his bills using his checks, do I sign his name and initial the signature, just sign his name or sign my name? Thank-you.
what is the difference between a contract for deed, installment land sale…
what is the difference between a contract for deed, installment land sale contract, and long-term land contract? All are types of seller financing but what does each entail?