Legal Question in Wills and Trusts in California

Power of Attorney for Estate

My cousin was incarcerated last week for homicide and will probably be in jail for several years. He has asked me to accept power-of-attorney for his estate, which includes a home valued at $280,000. His mortgage balance is currently $170,000. Prior to incarceration he was paying child support for two pre-teen children by his ex-wife, who relinguished her interest in his home and assets. He trusts his ex-wife and her new husband. As power-of-attorney, I am considering quick deeding his property to his ex-wife in lieu of future child support. I am making this decision so that he will qualify for a Public Defender and so that he won't lose his assets to the victim's family (lawsuit) or the prosecuter (court costs). What do you think of this idea? What type of attorney should I consult with and what questions should I ask or be prepared to answer? Can you offer any other alternative suggestions? Thank you.


Asked on 8/26/02, 4:26 pm

1 Answer from Attorneys
Martin Lathrop Russakow, Ryan & Johnson

Re: Power of Attorney for Estate

That sounds like a reasonbly well thought-out plan. We would be happy to help you with any of the items you are contemplating. Feel free to contact me either by email or telephone to discuss further-Martin

626.683.8869

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Answered on 8/29/02, 6:16 pm


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