Recent content by Circon

Tennessee. My daughter in-law plans to file for divorce, my son is devestated. They have been married 5 years and have a 4 year old child. I gave them the down payment on their house as a gift, not a problem with that except that I now find out that when the house was purchased, my DIL put...

Georgia My husband and I are considering selling our cabin. We built it ourselves and have owned the property since late 80's. We are confused about the capital gains tax. Our costs were approx $50K in 1989. Selling it would bring approx. $300K. Because it is a second, home do capital...

What is the name of your state?What is the name of your state? Georgia I posted a few months ago about a will. that did get settled but now months later, we (myself & siblings) were contacted by a local attorney 10 days ago. It seems a new shopping center is going up in town and the atty...

DD As far as we can tell C had approx. $150K in cash, and there are 4 other nephews, in addition to the 2 neices who are executors, that will share in that. We know there were some other properties that belonged to our Dad that C had sold so I am assuming some of that money in her accounts...

Thank you for the quick reply. We spoke with the closing atty. late yesterday afternoon. He is saying the house closing is on wednesday. He said that he is fedXing quit claim deeds to each heir and needs them back by wednesday. According to the atty. if we don't sign the quit claims all...

What is the name of your state?What is the name of your state? Georgia Step mother "C" passed away last summer. In her will she left our fathers home to us four siblings and 2 of her neices. Originally when dad passed away 6 years ago C sent all of her step children a letter indicating that...

Thank you for the response. My sister did consult an attorney and he has advised her that she may not be liable for the entire amount. They are working on a settlement as you suggested above. I am so glad she took your advice, knowing she has rights and has someone on her side has eased a...

insurance Ooops. after reading other posts here I see she is indeed liable. I guess her only option at this point would be to work out a payment plan with the insurance company since she really has no assets other then her car and her job. This site is a wealth of information and I thank...

My son and his roomate are renting a house. They have no lease, it's a month to month, the landlord not only charges them $10 a day for late fees, the LL also personally picks up the rent each month. Sometimes the LL comes a few days after the first of the month and makes them pay $20 or $30...

What is the name of your state? Georgia My sister is being sued by an insuance company for an accidental fire she started with a candle. The landlord was paid $9,000+ by his homeowners policy. The insurance comapny is now suing my sister for $9,000. She did not have renters insurance and...