Trust

There is a rule of trust law that "a trust will not fail for lack of a trustee." If the trust was created by agreement, then the document may...

Accounting of Trust

Section 45a-175 of the Connecticut General Statutes provides that a beneficiary of a trust may request that the probate court order the trustee to...

I agree with Aty. Weatherby. You should obtain a competent estate and trust lawyer to represent you. Because a status conference is "informal"...

TRUST DOC.

A "testamentary trust" is created by will. The terms of the trust are fully contained within the will. A will may direct that assets are to be...

Trust

A trustee generally has a duty to defend the trust and enforce its provisions. He can hire a lawyer for this purpose. You might want to discuss...

Subpoena

Unless you are a lawyer or a judge, I don't believe that you have the authority to issue subpoenas. You can ask the Probate Judge to issue one, but...

Trust Language

This is what's called a "power in trust." It generally applies when assets are otherwise distributable outright to a minor. What is means is...

Probate

I'm not too sure that I understand the facts. Grandma dies creating a trust. Grandpa is the life beneficiary. After Grandpa's lifetime, the...

Probate hearing

First, ask yourself, is this a "routine" hearing or one where your rights are being affected? If the latter, determine if you want to object or...

If I buy shares of stock for $500, Then sell the shares for $700. Would I just be taxed on the $200 profit.?

You didn't say how long you've held the stock. If you've held it for less than a year, it's taxed at the same rate as ordinary income. If you...