Trusts Legal Advice (4,595 found)

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Lisa Renee Wilcox
Lisa Renee Wilcox's answer
Contributor Level 4

1) Because your mother's real property is located in Florida, Florida's state...
Andrew Daniel Myers
Andrew Daniel Myers' answer
Contributor Level 7

One of the primary purposes of adopting a trust is to keep the disposition of...
Janet Lee Brewer
Janet Lee Brewer's answer
Contributor Level 7

The trustee is correct that trust assets do not normally become part of a...
William Martin Burbank
William Martin Burbank's answer
Contributor Level 4

There are some expenses involved with administering a trust. For a trust this...
Brian Scott Mandel
Brian Scott Mandel's answer
Contributor Level 3

I'm assuming you are getting SSI (Supplemental Security Income). You have to...
Henry Daniel Lively
Henry Daniel Lively's answer
Contributor Level 7

The trustees have to manage the assets in the trust based on the Prudent...
Peter Robert Stone
Peter Robert Stone's answer
Contributor Level 7

You need to read the trust documents. If there is a required distribution then...
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Henry Daniel Lively
Henry Daniel Lively's answer
Contributor Level 7

Not really. A Living Trust is a Grantor Trust and provides no asset protection...
Judith May Copeland
Judith May Copeland's answer
Contributor Level 4

Think of it this way: Everyone can have a living trust for around a thousand...
Question

Steve Fromm
Best Answer: Steve Fromm's answer
Contributor Level 7

Who did the attorney represent-you or your wife? Did he recommend that one of...
Janet Lee Brewer
Janet Lee Brewer's answer
Contributor Level 7

Ordinarily only your wife's portion of the trust would become irrevocable at...
Question

Steven Alan Fink
Steven Alan Fink's answer
Contributor Level 8

New spouse will have no interest in living trust assets unless he adds her as a...
Steven J Oshins
Steven J Oshins' answer
Contributor Level 4

He needs to see an attorney to go through all of the details and update his...
Derek W. Jensen
Derek W. Jensen's answer
Contributor Level 3

Our state statutes concerning trusts and the duties of trustees are located in...
Andrew Daniel Myers
Andrew Daniel Myers' answer
Contributor Level 7

A constructive trust can be created by operation of law where someone through...
Steven Alan Fink
Steven Alan Fink's answer
Contributor Level 8

This notice gives you 90 days (180 depending upon compliance with new state law)...
Question

James Joseph Falcone
James Joseph Falcone's answer
Contributor Level 5

The City loan is probably a 2nd, meaning that is behind the Chase loan in...
James Joseph Falcone
James Joseph Falcone's answer
Contributor Level 5

The City loan is probably a 2nd, meaning that is behind the Chase loan in...
Karen L Brady
Karen L Brady's answer
Contributor Level 5

It depends on what you mean by "protect." The typical trust most people mean...
David Michael Goldman
David Michael Goldman's answer
Contributor Level 7

While a Living trust does not protect assets (typically), your home is...
Question

No photo
Christopher J. Coleman's answer
Contributor Level 5

Trusts in Florida are governed by statute and generally vest title in real...
Marshall C Deason Jr.
Marshall C Deason Jr.'s answer
Contributor Level 4

The answer to your question depends on the wording of the documents recorded in...
Janet Lee Brewer
Janet Lee Brewer's answer
Contributor Level 7

Your partner did not borrow the money from you; his daughter did. So I can't...
John Max Barger
John Max Barger's answer
Contributor Level 5

It is a conflict of interest, but not a conflict that cannot be resolved or...
Anne Debelius Lopiano
Anne Debelius Lopiano's answer
Contributor Level 4

The trust most likeley contains in it the terms by which any new , successor...
Question

Steven Alan Fink
Steven Alan Fink's answer
Contributor Level 8

I am sorry for your loss. Your mother's estate is responsible for the bills....
Janet Lee Brewer
Janet Lee Brewer's answer
Contributor Level 7

I'm sorry about your mother's death. Just in case Mr. Fink's answer was...
Question

Cathy Ann Wagner
Cathy Ann Wagner's answer
Contributor Level 5

As a general rule, if either you or your husband is an owner of a bank account,...
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Steve Fromm
Steve Fromm's answer
Contributor Level 7

In addition to the valid planning considerations raised by the other attorneys,...
Henry Daniel Lively
Henry Daniel Lively's answer
Contributor Level 7

The federal rules allow your father to give $13,000 per year per person gift...

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