Archived
How long after a person passes away does the trustee have to dissolve and divide the estate that is in the trust?
Jack's answer
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Answered on April 20, 2015
The terms of the Trust dictate how long the trust is to remain in existence. The Trust may continue beyond the settlor's death. Without reviewing...
Archived
Connecticut Probate
Jack's answer
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Answered on April 17, 2015
Before the court will honor the terms of the Will, the Will must be allowed into probate. The brother can challenge the admission of the will on...
Archived
If a probated matter is 40 months old and there is a most recent Will that has not been filed, is that Will part of the Estate?
Jack's answer
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Answered on March 27, 2015
Consult an attorney and bring the more recent Will for review. If the will is valid, you can present it to the court and seek to have it allowed...
Archived
Does a child beneficiary of a 529 college savings plan have any recourse against their parent owner, when the parent drains the
Jack's answer
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Answered on March 27, 2015
529 Plans differ from state to state, but the owner of the account does have the right to withdraw the funds, subject to income tax penalties. If...
Archived
Do you need to appoint an attorney to be administrator of a will or estate?
Jack's answer
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Answered on March 27, 2015
Sounds like you and your sister are already the legal representatives of your father's estate, accordingly, there is no need to appoint an...
Archived
Trust/estate
Jack's answer
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Answered on March 27, 2015
Not necessarily, If you question the lawyers conduct, I recommend you consult with an attorney to review the Trust and Will terms regarding the...
Archived
What kind of trust do I need?
Jack's answer
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Answered on March 24, 2015
I strongly recommend you and your family member consult with an experienced Trust lawyer to accomplish these goals. There are many different types...
Archived
How do I determine my state of residence for wills, living trusts, power of attorneys and taxes?
Jack's answer
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Answered on March 24, 2015
Your state of residence for your domicile (the place you call home) and for tax purposes may be two different things. Your domicile is the place...
How does transfer of annuity to an irrevocable grantor trust be taxed for income tax purpose?
Jack's answer
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Answered on March 24, 2015
I recommend you consult with an experienced Trust and Estate attorney who is familiar with the grantor trust, gift, and generation skipping...
Archived
In NJ, can I disclaim my interest in a non-testamentory originally irrevocable intra-vivos trust established 1996 which is the
Jack's answer
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Answered on March 24, 2015
For federal estate tax purposes, you have 9 months from the date of the decedent's death or the date a future interest becomes vested to disclaim...
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