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I have requested the bank statements for the past four years from the trustee my sis of our mothers estate.
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Answered on October 26, 2013
Was your sister trustee going back that far? Or agent under POA? In any event, depending on how far back your sister would have an obligation to...
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My wife and I have stated in our will that our house goes to all children but one of them is not to be made to leave.
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Answered on October 26, 2013
Did you set this up in your will with your attorney? I would discuss this with a local attorney to see how such a set up would be handled in your...
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Which takes precedence at time of death in CA? A Will or bank accounts set-up "in trust for" specific siblings?
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Answered on October 26, 2013
No, the accounts titling controls.
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If an estate has a lot of debt and few assets is it better to just walk away?
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Answered on October 25, 2013
You should see an attorney - at least have a consult to run through your options. Sometimes it makes the most sense to walk away but you have to...
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If a trust is set up within a trust is the income from the trust as well as the principal from the trust recognized as taxable
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Answered on October 25, 2013
This question is much more complicated than would first appear, but the easy answer is that if the trust principal spins off income the ONLY income...
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My seriously ill brother is Successor Trustee for a relative in FL, I am next in line to take over.
What I need to do to?
Steven's answer
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Answered on October 25, 2013
It would probably be helpful for the ill brother to resign and then you can replace him. I would hire counsel in FL to advise you. The trust...
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Trustee Deed to Residential Real Property in New Jersey
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Answered on October 25, 2013
There's typically no issue with an attorney who is a fiduciary drafting a deed. Typically if two individual people are grantees the language would...
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What is an appropriate answer when asked "What is the relationship between a son-in-law and a dead mother-in-law?
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Answered on October 25, 2013
I'm not really sure the context of this. You are the parent of her grandkids if there are any? You are marrried to the decedent's daugther? I'm...
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As executor, I am getting no help from my Mom's estate lawyer.
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Answered on October 24, 2013
You can always change lawyers, but you have to weigh the issues and costs to be sure it makes sense. Sometimes getting another lawyer up to speed...
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Doing a Revocable Living Trust with adult child as Trustee as well as Benaficiary.
Steven's answer
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Answered on October 24, 2013
First piece of advice is to have a lawyer. These are the types of important questions that would be answered and handled by your lawyer. The...