[WSBAPT] Credit Card Solutions

[Ralph Maimon]

What if there is life insurance that, with all else, takes it over the
$125,000?.  Is the insurance protected as it passes outside of probate?
 

Ralph Maimon 
Law Office of Ralph Maimon, P.S. 

2811 E. Madison Street

Suite 202

Seattle, WA  98112

Tel: (206) 323-0911
Fax: (206) 462-1505  

rmaimon at maimonl <mailto:rmaimon at maimonlaw.com> aw.com

 


 


CONFIDENTIALITY NOTICE:  This email message may contain confidential or
privileged information. If you have received this message by mistake,
please do not review, disclose, copy, or distribute the email. Instead,
please notify us immediately by replying to this message or telephoning
us. Thank you.

TAX ADVICE NOTICE: IRS Circular 230 requires us to advise you that, if
this communication or any attachment contains any tax advice, the advice
is not intended to be used, and cannot be used, for the purpose of
avoiding federal tax penalties. A taxpayer may rely on professional
advice to avoid federal tax penalties only if the advice is reflected in
a comprehensive tax opinion that conforms to stringent requirements.

Please contact us if you have any questions about Circular 230 or would
like to discuss our preparation of an opinion that conforms to these IRS
rules.

 

  _____  

From: wsbapt-owner at lists.wsbarppt.com
[mailto:wsbapt-owner at lists.wsbarppt.com] On Behalf Of Jane Bitz
Sent: Monday, August 11, 2014 12:01 PM
To: wsbapt at lists.wsbarppt.com
Subject: RE: [WSBAPT] Credit Card Solutions



Note that the Petition can ask for more than $125,000 in the right
circumstances. The Court is supposed to consider the long term finances of
the surviving spouse. The statute has several factors for the court to
consider. I have had success with an Order that awards all of the equity
in the home and all of the liquid assets as of the date of death. Usually
there is a reduction in household income with the death that I point out
plus any continuing costs like house payments, etc. that are not reduced
because of the death.

 

From: wsbapt-owner at lists.wsbarppt.com
[mailto:wsbapt-owner at lists.wsbarppt.com] On Behalf Of Richard Wills
Sent: Monday, August 11, 2014 11:37 AM
To: wsbapt at lists.wsbarppt.com
Subject: Re: [WSBAPT] Credit Card Solutions

 

A Petition for Family Award should wipe out all unsecured claims to the
extent that what the SS receives resulting from D's death doesn't exceed
$125,000.




On 8/11/2014 11:05 AM, Roger Hawkes wrote:

=======================


- To contact the list administrator, send a message to:
webmaster at wsbarppt.com

- To unsubscribe, send a new email addressed to: imail at lists.wsbarppt.com,
with the following in the body of the message: unsubscribe wsbapt - OR -
send a message to webmaster at wsbarppt.com asking that you be removed from
the wsbapt list.

Information provided on this list should not be considered legal advice.
As with all lists - let the reader beware! No warranties or
representations are made as to the accuracy of any information provided.
All opinions and comments in this message represent the views of the
author and do not necessarily have the endorsement of the Washington State
Bar Association nor its officers or agents. 

=======================


- To contact the list administrator, send a message to:
webmaster at wsbarppt.com

- To unsubscribe, send a new email addressed to: imail at lists.wsbarppt.com,
with the following in the body of the message: unsubscribe wsbapt - OR -
send a message to webmaster at wsbarppt.com asking that you be removed from
the wsbapt list.

Information provided on this list should not be considered legal advice.
As with all lists - let the reader beware! No warranties or
representations are made as to the accuracy of any information provided.
All opinions and comments in this message represent the views of the
author and do not necessarily have the endorsement of the Washington State
Bar Association nor its officers or agents. 

-------------- next part --------------
A non-text attachment was scrubbed...
Name: winmail.dat
Type: application/ms-tnef
Size: 19020 bytes
Desc: not available
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20140811/9e0a7d44/winmail.dat>