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I'm the grantor of an IRREVOCABLE trust in NJ. My grown children and I are the only beneficiaries. Trustee has absolute
Peter's answer
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Answered on October 06, 2014
You might not even need to go to court to make the change, it really might be pretty easy if everyone is on board. You need to retain an attorney...
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In NJ, which court has jurisdiction over IRREVOCABLE trusts: forcing a trustee to make an accounting, amending trust documents
Peter's answer
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Answered on October 06, 2014
Surrogates Court of the county in which the Trust was created....if the trust is still situated there. Has the trustee, beneficiary and the...
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My uncle told me my father said he didn't need his inheritance from my grandfather and was going to skip a generation and pass
Peter's answer
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Answered on October 06, 2014
Good one! You have a good idea of how the trust process works and the tax issues that surround them. If your father arranged for a "skip" into a...
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Will and or probate
Peter's answer
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Answered on October 06, 2014
If the will is filed, it is public record, you can obtain a copy easy enough. If the assets passed through a revocable trust, it is a bit more...
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Probate
Peter's answer
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Answered on October 06, 2014
If the executor (a male) or executrix (female) has sold any estate property, it is your right if you are a beneficiary to petition to force the...
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Can I bring charges against my deceased mothers executor for stealing from her estate
Peter's answer
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Answered on October 06, 2014
The process in NJ is that you will Petition the court for an Accounting. Your brother is then forced to account and justify every penny spent. If...
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Can surviving co-trustee be removed because he didn't inform beneficiaries of irrevocable trust when they came of age?
Peter's answer
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Answered on October 05, 2014
It can be used to show that the trustee is not competent to serve, or to show the trustee is not acting in the best interest of the beneficiaries. ...
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Can I open a savings account for a sick Grandchild in his name & mine from money raised from a benefit I had for him
Peter's answer
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Answered on October 05, 2014
There are several options available to you, such as opening a 529 plan for the child and creating a trust for the child. This can be a tricky...
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Cashing checks as power attorney for my mom...help!
Peter's answer
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Answered on October 05, 2014
Your mom is free to make gifts if she wants, but you are right, it can lead to really big fights later. If your mom wants to make a gift, then she...
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In my irrevocable credit shelter trust my children are beneficiaries. Could it be conflict of interest for daughter to b trustee
Peter's answer
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Answered on October 05, 2014
Yes, it could be a conflict, but trustees are not removed or replaced simply because they might have a conflict. For example, second marriages are...