Does a piece of property need to be paid off to be put in a trust
It depends. Federal law allows you to put your personal residence in a revocable trust even if it has a mortgage. Other mortgaged properties...
Fredericksburg, VA
Estate planning Lawyer at Fredericksburg, VA
Practice Areas: Estate Planning, Trusts ... +2 more
It depends. Federal law allows you to put your personal residence in a revocable trust even if it has a mortgage. Other mortgaged properties...
I am sorry to hear of this. I want to be sure you get the help you need, so I moved it to a better forum. This Ethics and Professional...
The cost of creating a trust will, as everyone mentioned, depend on your unique situation. For instance whether you are married or single, is it...
There are many reasons why you may want to remove a capable trustee from office. Particularly when they are also the beneficiary of the trust....
Va. Code 64.2-757 outlines the order of filling a trustee vacancy after registration. First look to the terms of the trust. If the trust is silent,...
There is only one way to ensure that the parents are unable to take the money from the minor children. You will need to have a trustee who is not...
Mr. Paullin gives great advice. Ultimately, you will want to be sure the trust contains the language necessary to protect the assets and you will...
I am sorry to hear of your situation. If the mother is willing to give your custody over the young lady (or guardianship at the very least) and you...
It depends on the terms of the trust. If the trustee is the sole beneficiary, then it is likely not an issue.
Mr. Hart and Mr. Farr couldn't have answered this any better. Best of luck!