Does money used from a trust to buy gifts need to be returned when items are no longer needed?

The answer to your question is that gifts are gifts and do not need to be returned when no longer needed. The issue here is whether the furniture...

Is it unethical for the nominated executor to work with the drafting attorney of a will, making suggestions for provisions?

You should keep in mind the difference between the substantive provisions of a will (who gets what) and the administrative provisions regarding the...

Dose a deed of trust have a time thatit isnogood

The answer to your opening question is that most trusts do exist for a maximum limited period. The exact period depends on state law and the terms...

Retained life estate

As the other answers have said, a trust is not a retained life estate. However, I think that you're asking whether a trust can serve the same...

How is income producing real estate like a apartment appraised for estate planning purposes ?

There are several approaches to valuation, as noted by the other answers. If the valuation is for gift and estate tax purposes, it's likely that...

Your daughter's estate does not include her ashes. So your husband is technically correct that he doesn't have to give them to you just because...

How to get Power of Attorney

Yes. You can prepare a power of attorney document that specifies that you are able to sell the car and sign all necessary documents on your...

If your engaged and have a child, and the man kills himself who is entitled to his personal stuff

The answer to this question depends on whether or not your fiancee had a will. If he did, the person or persons named or otherwise described in...

The executor (now known in Massachusetts as the personal representative) of an estate does NOT have the power to sell real estate UNLESS the sale...

Can executor force collection of funds after closing estate?

Yes, the executor can pursue the debt to the estate. The closure of an estate may foreclose the beneficiaries' claims against the executor...