When a person dies with a will, the will has to be "admitted to Probate" in order to be effective. I don't know about your state but, in CT, all...

Will a living trust be exempt from a personal Bankruptcy

I presume that you're referring to a "living" trust created by the person who's involved in the bankruptcy. In my state and, I believe, in most...

Revocable Trust

Your mother's trust became irrevocable on December 25th. At that time, the trust became a separate taxpayer. With the exception of certain...

If all heirs agree to who should receive entire estate,

All assets which the decedent owned in his or her sole name are called "probate assets." Probate assets pass by will or, if there is no will,...

What does "power of appointment" do in regards to a Trust

Before responding to your question, I have to tell you that you really have to consult a Texas lawyer about this. All I can do is to try to...

You really have to consult a California lawyer about this, but here are my impressions. I presume that your father left his assets to your...

Do i list my 16 year old sister's car as part of my mother's property since my mom had both names on the title?

I'm not a Michigan lawyer. Here's the answer under CT law. If the car was registered in your mother's sole name, it's what we call a "probate...

A revocable trust, sometimes called a "revocable living trust" is a trust created under an agreement or a declaration of trust. The creator of the...

What are the obligations of a trustee of an irrevocable trust in connecticut?

A trustee must invest the assets solely for the beneficiaries' benefit. If a trustee profits from trust investments, the profit belongs to the...

Let's take this in order. First, the conservator has to file an accounting with the Probate Court showing all assets, income and expenses. He...