Archived
Should/must a revocable living trust be incorporated?
Gregory's answer
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Answered on December 08, 2013
No, only corporations are incorporated. Trusts are simply signed by the settlor and trustee and funded with at least a nominal sum,.
How do i handle a 100 million dollar trust. My wife's grandfather left the trust and my wife is
the beneficiary.
Gregory's answer
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Answered on December 07, 2013
With a trust of that size, your wife should immediately hire experienced trust counsel to advise and assist her as a beneficiary. The attorney can...
Archived
What can I do by 12/31 2make deductions off taxes from inheritance that was part of a liquidated income tax deferred investment?
Gregory's answer
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Answered on December 07, 2013
Most tax-deferred assets in a decedent's estate, such as an IRA, 401(k) or qualified annuity are considered Income in Respect of a Decedent, and do...
Archived
When I get liability insurance for my LLC, do I use my registered agents address, or my out of state office address?
Gregory's answer
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Answered on December 06, 2013
Use your office address.
Archived
In Florida. Recording a deed to a trust
Gregory's answer
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Answered on December 06, 2013
The name of the trustee is required on the deed.
Archived
How costly is it to put my New York home into our California living trust?
Gregory's answer
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Answered on December 05, 2013
You will need to have a deed prepared to transfer the home to your trust. Deeds are expensive in New York City due to the required tax forms that...
Archived
Land left to six siblings ,one said two gave their part to her,is this legal? do all have to agree to that.
Gregory's answer
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Answered on December 05, 2013
Attorney Blaustein is correct. However, the gifts must be done by way of a properly executed and recorded deed.
Archived
Looking for a firm that can do taxes, draft Will and estate law. Palm Beach and NY
Gregory's answer
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Answered on November 05, 2013
Our office is in Miami, but we handle tax return preparation for clients as well as estate planning and estate and trust administration. I am also...
Archived
Would my sister need to split a large sum of money, given to her as a gift with her estranged husband whom she is divorcing?
Gregory's answer
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Answered on November 04, 2013
Regardless of individual circumstances, outright gifts of large sums of money are not wise as there is no protection from third parties who might...
Archived
My dad transferred a piece of real property into his revocable trust but I'm concerned about how the new deed is written.
Gregory's answer
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Answered on November 04, 2013
Normally a new deed is not required, simply proof that you are serving as the current trustee. Once you become trustee, this is usually...
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