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Question by MR79: Need more help with being an executor of my moms will!!?
I live in Michigan. I am listed as the executor on my mothers will, who died last week. The only thing in question is her house, that is in her name alone and paid for and also her car that is also paid for. Her savings and checking her and I were on there together. A small life insurance policy is in 4 names (I have 3 sisters). Now The lawyer is telling me to open an “Estate” because of the house and it cost $ 600-$ 900 for him to do. I am real confused, I called the probate court and they said I could file the papers to become the legal executor and open a deceased estate for $ 150.00. I am not sure what I am suppose to do, where can I find correct information on this without contacting and paying big bucks for a lawyer. My mom doesn’t have much cash on hand for this. We want to list and sell the house soon. Any suggestion on what to do next would be greatly appreciated, I am overwhelmed right now.

Best answer:

Answer by L F A
First, sorry for your loss…Second, did your mother have all of the possessions you mentioned in the estate? If not, the paperwork down at the courthouse is the best way to go. The paperwork, however confusing it may sound, is quite easy simply follow the directions, listing the property (assets) she possessed and all of your sisters and yourself as the dissidents of the estate.
After the paperwork, you should be good. No need for the lawyer unless you have to go to probate court. Good luck, if you need any more help email me.
Also, before you list the home for sale you will want to set up the estate for tax purposes, so any distributions to the 4 of you can be insulated by the 2 million dollar rule and avoid probate.

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Question by Happy Goat: Why are nursing homes a popular option?
I worked at one while in highschool. It was amazing how many of these people never had any family members come to visit them, ever. I had one veteran tell me the nursing home was more of a nightmare than war, he felt he lost his freedom and his family cared more about money then him.

Why are we sending our loved ones to these lonely hell holes?

Many of these people still would have been fine living alone, but the familys wanted to just deal with it at a convinent time for them and sell the “real estate” while the market was hot.

Before you put a loved one in a nursing home, make sure you spend a few nights there yourself and listen to the people who are ressidnets.

I still don’t like the concept of nursing homes, most of those people could be with their familes yet.

Having worked at one, I know staff tried the best to take care of them, but i had co-workers who admited to stealing/abusing resisdents they did not like.

Why are nursing homes such a popular option?

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Answer by MS
Because people like

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Question by thinkbig625: Has anyone ever actually read or been taught real estate investing by Jason Loucks?
I’m looking at this guys website(s) and I must say, as an internet marketer, he’s doing a good job. I can’t find any negative reviews about him, but then again everything written online seems to be by him. I’m just looking for anyone who’s actually read or heard his real estate “lessons”. I’d like to know if it was all garbage or is this guy legit? He has 2 courses, one is “The 7 day sell” and the other is “The Ultimate Foreclosure Manual” Anybody, positive or negative that can tell me more about his “course” would be appreciated.

Best answer:

Answer by Sharon T
I can’t say anything about this man or what he sells but those who came before him also made a good pitch and made lots of money–and guess at whose expense?

My advice would be to go to your library and pick up some of Robert Bruss’ books. He really was a straight shooter (now deceased if memory serves correctly). I learned a lot by reading his column in my local newpaper (syndicated nationally).

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