Archived
Our family owns a beachfront condo. My brother who is the co-successor trustee with my sister would like to buy it. Can he?
David's answer
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Answered on May 04, 2017
He must pay fair market value. Also its best if all the beneficiaries are ok with it. It would be best if he gets releases from all beneficiaries...
Archived
Im required to get a Public Trust Clearance, but i have a sealed charge from 3 years ago, Will it come up?
David's answer
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Answered on April 17, 2017
You need to post this with criminal practice.
Archived
Irrevocable trust on rented property
David's answer
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Answered on April 17, 2017
It depends whether the irrevocable trust is a grantor or non-grantor trust. But at any rate you really need to speak with a CPA about this. It can...
Archived
Are there any repercussions for a trustee that dissolved a business from a trust and reopened the same in his own name?
David's answer
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Answered on January 10, 2017
The trust says the business was for him, then nothing improper was done but if the Trust says the beneficiaries of the trust including the...
Archived
My mother stole my birthright away from me and I do not have any means in which to fight her. Can I hire an attorney to help me?
David's answer
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Answered on January 10, 2017
Unless your father or grandfather had a Will that expressly left you any assets, you are out of luck. Also 14 years may be too long to do anything....
Archived
As an eighty year old couple with a modest estate;what do we have to do to make sure our estate is passed on to our 4 sons?
David's answer
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Answered on January 10, 2017
Technically nothing. Whether you have a Will or not, your four sons (assuming no other children) will divide your estate equally. A Will provides...
Archived
Supplemental Trust Fund/Pooled Trust
David's answer
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Answered on December 14, 2016
New York is an income based state for Medicaid purposes. Her assets in a trust will not be counted. Assuming the trust was properly drafted.
Archived
Where do I establish trust under OBRA-93? state where I live or where the special needs 18-year old lives?
David's answer
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Answered on December 01, 2016
It is best to establish it in TN. If there are state specific rules or practices in TN but not IN, you don't want to have problems.
Archived
What can I do if a health care proxy is not doin their job properly
David's answer
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Answered on December 01, 2016
Your only option is to Petition the court for Guardianship over your mother. Be warned it is time consuming and expensive.
Archived
Should guardians lawyer be told of pending eviction of ward's sibling ...
David's answer
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Answered on December 01, 2016
The guardian must act in the ward's best interest. If you can convince them it is in the ward's interest to intervene, you should try. However,...
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