My brother and I are co-trustee's of our family trust. The trust formerly had our brother-in-law as trustee. While the brother-in-law was trustee two properties that my father owned and had intended to leave to us and other beneficiaries were allo...
I am sure that not all the facts are presented but on the surface of your question-the answer would be Yes.
Your losses would have to be calculated by your attorney.
I have set up a meeting with a lawyer to help me create a will and trust, this is an initial consultation meeting. I have not even met the lawyer, let alone retained him. His office has sent over a questionnaire that asks for SSN, copies of a...
Every attorney has a different way to do business(I am a Florida Attorney)
For example-I do not charge for the first consult or require the client
to bring anything to the office except for a one page summary of assets
and to think about who would be in charge of the estate and a distribution plan to discuss.
So-maybe you should make several calls to attorneys before making the appointment.
My brother is the executor and my understanding is that he must file the will with the court. If the will is ruled invalid, it goes to probate court which administers the will? If will is valid, can my brother act on his own in distributing asse...
He must administer the will as stated in the will, get the acceptance of assets from the beneficiaries, and be released by the court upon conclusion.See question
My mother owns land and deeded 2 plots to my siblings and is allowing my sister and other brother the opportunity to split the additional acreage. I plan to purchase the undivided land from my sister and brother for $50,000 each before it is split...
This is not the forum to give you the estate/tax/medicaid plan you need.
Your mother might have already made tax, cost basis and gifting mistakes.
You and your mother both need estate planning and CPA advice from a professional
who can work out a plan for you.
If I die, I'd like it to benefit my husband and children. But if my husband gets remarried, I would like it to only benefit my children. is there a way to accomplish this? What's it called? Credit shelter trust?
In addition to the posted answers-your husbands portion could be held in trust providing him income only for life with the principle going to your children upon his death.See question
I own a pest control company & have a partner we are 50/50 & are an LLC. I do not want my children to have the business or be able to take it from my wife, she has worked hard for the company in the 6 yrs we have had the company & I want my porti...
You can accomplish this through a will or trust and a membership agreement as suggested.See question
mother gave me her car as gift while living. Executor (my brother) decides after her death to deduct the price of the car from my 1/2 of the trust fund.
Appears to be an improper deduction-get an attorney to help straighten out the matter.See question
hello...my brother and sister are agents of moms poa......mom is in nursing home and suffers from dementia...mom designated a property in her will to me but sister (agent) has added her name to gift deed of property.....my brother (other agent) h...
The general rule is that you cannot use a POA to benefit yourself-SO-you need to meet with an attorney.See question
adding a person to the mortgage
I think you meant Living Trust-and yes you can include the distribution language that
you want your child to inherit the home.
It should stand up if you understood what you were doing and not unduly influenced.
my daughter is in need of hospitalzation and the money will be used for her treatment.insurance wont cover the total bill.in order for me to get the money released i need to be appointed gurdian of her estate.how do i go about doing this and what ...
As suggested-you need a guardianship attorney to assist you-not something you can do yourself.See question