What happens if an irrevocable trust is invalid?

One would have to see the documents and know more about the situation. Many times a trust is funded initially with a nominal amount, say $10.00. ...

Is my inheritance in danger? The prop. tax bill shows the real property from dads irrevocable trust is in my step-mother's name.

You should hire an attorney right away to force the accounting and get a copy of the deed.

You hopefully are using an attorney to redo the will. Yes, the lawyer can act as your executor. The executor's commission and legal fees are paid...

I just completed a Revocable Trust Attorney wants to hold original copy? Is this a good idea?

It depends on the situation. I hold originals for some clients but not others. The problem is most clients don't have fire proof safes. The...

What options are available to trust beneficiary?

As a general rule, I would say that you should worry about the accounting first, before asking for a new trustee - especially if the trust is set...

How much or what percent is gift tax? For example, if you give real estate worth 460k to your son as gift. what is gift tax amou

Unless you've given a lot during your life, it is unlikely you'll have a gift tax. Gift taxes work this way: 1. if you gift more than $14,000 per...

My brother and I inherited our father's estate. It is mostly in stocks. My brother wants to keep and divide the stocks between

Mr. Brophy is correct. You need legal and tax advice. It is generally the practice that you would each split your shares / inheritance off to...

With a living trust how are assets added to or removed? What's the procedure and who does it?

If the grantor is alive, the grantor does it. For example, real estate is deeded into the trust, accounts like bank accounts have ownership...

My sister is hospitalized with a stroke and is mentally and physically incapacitated at this time.

If they don't have a power of attorney, the will need to have a guardianship/conservatorship proceeding started. See an attorney to start the...

Inheritance from my father 45k from sales house about to take place can I giv the $ to my son R there any taxes to him 22yr old

The other attorneys are not correct, at least as to my understanding of your situation. It appears you received an inheritance of 45,000. You have...