How rare, that you have three lawyers so far all in agreement on this issue. You certainly can establish multiple trusts and they can be set up for...

What do i do with inherited real estate

You need to either get appointed as the executor of his estate if he had a will and named you as the executor, or you need to get appointed as an...

It has been 2 1/2 years since our father's death, executer has not settled estate. What legal action can beneficiaries take?

There is a method for compelling an accounting. In short, you can force the executor to provide you with a detailed review of what he has done. ...

What is the best way to leave assets to children

That is a great question. As parents, it is natural for us to begin thinking about how to transfer wealth to our children and grandchildren with...

Inheritance taxes

Where the will is silent, the inheritance tax burden generally falls on the beneficiaries. However, since the three heirs are the same...

My father-in-law is in a nursing home. We have heard that in PA he may give away $500.00 a month in gift $$$ without medicaid

Pennsylvania law does permit certain transfers each month (and under certain specific circumstances) without disqualifying your father from...

Your husband is not correct. Under Pennsylvania law, if he owns the house and dies without will intestacy laws will define who gets his property...

Grandmother sold house and family members and friends are stealing money from her? How can I help her?

I agree with every point made by Ms. Brewer. I would simply add, that in Pennsylvania the process of obtaining a guardianship is not simple. ...

By what date does the trustee of my charitable remainder trust fund need to give me my tax information for 2009?

The reason that you often get a late k1 from a trustee is that the trustee must first get all of the 1099's or K1s from the banks, partnerships or...

Information on trusts

I agree with Thoedore, that the uses of trusts he mentions are quite common. But, trusts can also be used to shelter assets from inheritance and...