Is a protector of a trust recognized in the state of Florida?

The term "Trust Protector" is not used in the Florida Trust Code, but trust protectors can be and are used in Florida trusts, and certain powers...

Is there a way to check costs of the preparation of a Will Package or Trust package in NC?

You are to be congratulated for thinking about estate planning, as it is a very important task that many simply ignore. Make sure that you are...

Possibly. It depends on whether the other trustees were negligent or culpable in any way. An example would be if they knew or should have known...

In general, as trustee you are entitled to sell trust property and buy property in your name as trustee of the name with funds in the trust. You...

Do you know any attorneys who can act as trustee for IRA accounts which buy, hold and sell real properties, tax liens and deeds?

federal law requires that IRA trustees/custodians must be financial institutions, and only certain financial institutions will serve as custodian...

Rules regarding Trusts.

Under the law of Florida and most other states, one cannot create a trust (a self-settled trust) and continue to access the principal of the trust...

When I apply for my FEIN through the IRS website, using the Federal EIN form, under Type of Entity, what should I select?

If you are the sole owner, your LLC would be a disregarded entity (sole proprietor). You report your income and expenses on Schedule C of your...

My wife has a green card and i am a citizen. Do we need to set up a legal trust?

I believe the issue is related to estate taxes rather than probate fees. Non-citizen surviving spouses do not qualify for the unlimited estate tax...

Question about tax law and a deceased's estate.

I agree that the returns should be done by a qualified CPA or tax attorney, but if the annuity was fully paid out prior to or after her death, it...

NFA Guntrust

While a valid standard revocable living trust can be used to acquire and own Class 3 weapons, I recommend the use of a specialized gun trust...