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My dad wants to gift $13,000 to my daughter, but she is 2 yrs. old. How can I accept this on her behalf?
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Answered on October 26, 2012
If your parents are still working, they might also want to consider a 529 college savings plan as part of the gift. It has some preferential tax...
Archived
Girlfriend of 10 years convinced me to add her to my deed as joint tenant with rights of survivorship.
Scott's answer
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Answered on October 21, 2012
I would start with the attorney who drafted the deed. If his or her malpractice is a possible component, then they will be in the best position to...
I have a revocable trust, how important is it to have my real estate, car registrations and titles in the name of my trust for
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Answered on October 18, 2012
If you do not deed/title the property in the name of the trust, it will not be trust property. That being said, I generally recommend against...
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Can one person remove the contents of the house after someone dies if there are other beneficiaries of the estate?
Scott's answer
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Answered on September 28, 2012
There really isn't much you can do here, I'm afraid. In theory co-executors should be agreeing at every stage of the probate process, and bringing...
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Will a court appoint one executor if multiples are named in a will?
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Answered on September 27, 2012
The court will generally appoint the co-executors. That doesn't mean your sisters need to be making regular trips up, just that they are required...
Archived
How to transfer ownership of a car
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Answered on September 26, 2012
If there are other siblings or non-siblings who are also beneficiaries of the residue of the estate (what's left after specific cash and property...
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As fiduciary of my father's estate, can I gift his car to someone?
Scott's answer
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Answered on September 20, 2012
An executor has an obligation to distribute assets in accordance with the terms of the will, and an administrator has an obligation to distribute...
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The Court decreed that the conservators of my estate SHALL file a final account with the court, forthwith and restore my assets
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Answered on September 17, 2012
If the trust isn't terminated, the court will have to appoint a successor trustee, and that trustee is responsible for managing and making...
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Regarding a trust that is bound by the "signatures of 2 out of 3", can 1 of those approving the change be the one who benefits?
Scott's answer
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Answered on September 16, 2012
The law doesn't prevent interested trustees from voting as a general rule, provided that doing so isn't a breach of fiduciary duty. The terms of...
Archived
How is a trust funded when the property is sold to a third party? Should there be a doc that the proceeds from the sale would..
Scott's answer
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Answered on September 16, 2012
As noted above, there are several partial questions here, but to answer best a few parts of it:
1) in almost all cases, spouses who jointly own...
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