What happens if a beneficiary named in a Living Trust passes?
The trust should not have to be rewritten. The terms of the trust should state what happens if a beneficiary dies. Typically, it will provide for...
Fairfax, VA
Elder law Lawyer at Fairfax, VA
Practice Areas: Elder Law, Estate Planning, Guardianship
The trust should not have to be rewritten. The terms of the trust should state what happens if a beneficiary dies. Typically, it will provide for...
You and your sister can transfer your interests in the property to your parents using a deed of gift. There should be no gift tax impact unless...
You may be. As Mr. Farr said, Virginia law gives you the right to receive a copy of the Trust. However the Trust instrument can waive that right...
As you might expect, as an attorney I am going to suggest you use an attorney to be sure it is done right. I have seen too many documents derived...
I would concur with Mr. Farr, your grandmother needs to consult an elder law attorney to assist her with life care and estate planning. Assuming...
No you cannot write a Will for your mother as her guardian or conservator. Only she can write/sign her Will. In Virginia persons under...
It depends on the language in the Will. If the Wills says to your mother's children "per stirpes" that means the share of a deceased child goes to...
Assuming your father was a resident of Virginia at the time of his death as the other counsel who responded stated, under Virginia law his estate...
Typically it is not necessary to do a deed transferring a property already titled to a trust to a subsidiary trust unless there is more than one...
No it is not necessary to write a new trust document. A living trust often will establish substrust that fund with the settlor of the living trust...