On an estate trust is it usually the case that trustees may charge the trust for lawyers that represent them on any action?
I've drafted trusts that go either way, and there is no usual arrangement to my knowledge.
Selected as the best answer
Williamsville, NY
Estate planning Lawyer at Williamsville, NY
Practice Areas: Estate Planning, Business
I've drafted trusts that go either way, and there is no usual arrangement to my knowledge.
Selected as the best answer
Look closely at New York Estates, Powers and Trusts Law 10-6.6 as Ms. Stone mentioned. If the trust doesn't provide other methods to decant or...
Your brother can renounce his interest to you, and that would save you having to prepare a second deed. However, unless your mother was a life...
You can plan at any point in time, and you should make any gifting transfers five years prior to an application for medicaid. However, even if you...
I'd recommend a will to answer the question you're not asking: what if both of you die at the same time? States vary regarding their...
A probate court would *consider* accepting it absent any state law forbidding it, and absent objections to admission to probate. But because this...
I'm sorry for your loss. File to open your aunt's estate as an interested person and then file an eviction against your sister. You may become...
Steven's right--when the executor's appointed, they're responsible for getting the personal property together, and they can use the law on behalf...
You did not specify whether there is a mortgage on the property. If there is, you can still use a living trust to hold the property, but to avoid...
The technical answer to your question is yes. However, doing so will undoubtedly trigger a due on sale clause requiring immediate payment of the...