How do I set up a life insurance trust for the care of an animal?
When you use the term "life insurance trust" most attorneys are thinking about federal estate tax issues. It would be more accurate to say you...
Philadelphia, PA
Estate planning Lawyer at Philadelphia, PA
Practice Areas: Estate Planning, Probate ... +6 more
When you use the term "life insurance trust" most attorneys are thinking about federal estate tax issues. It would be more accurate to say you...
The trust is valid in other states if it was validly executed at the time of execution. That is a slightly different issue than if it carries out...
Mr. Haber's answer is spot on. Just to stress what he said, however, is that beneficiary designated or joint assets do not pass through a probate...
I assume you mean a Certificate of Deposit? In that case, then yes when assets pass to a named beneficiary from a PA resident there is inheritance...
Whether you could inherit these funds depends on the type of plan, and then if there is a named beneficiary (apparently contingent to her husband)....
"Illegally" in this context doesn't really mean anything - the question is was the trustee self-dealing. If so that would certainly be grounds for...
You can't really get an answer to this question without having your own attorney review the trust and the language regarding distribution. You...
It may not be necessary to remove her. Demanding an accounting with distribution as stated in the will is what is needed. Of course you then have...
Retirement account withdrawals are always subject to income taxation. The question is, depending on your age, or certain other exceptions, if...
A beneficiary should not be a witness to a will. Best practice in most states is to have 2 witnesses who are disinterested and also a separate...