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Can a Beneficiary who is also named Trustee to a Lifetime Benefit Trust hold the power to pay mortgages w/in the trust to term?
Andrew's answer
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Answered on June 07, 2017
Generally speaking, the trustee has the same powers over trust property as an unmarried individual would have over his property. The power to...
Archived
How do I go about getting a new, "trust protector" for my parent's trust?
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Answered on June 06, 2017
A review of the trust document is necessary to answer this question. There may be language regarding the removal and replacement of the trust...
How do I find my trust fund in Washington State?
Andrew's answer
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Answered on June 05, 2017
This is a tough situation, and I am sorry that you find yourself in the middle of it. One of the reasons many people prefer to use a trust as their...
How can I get my Irrevocable special needs trust transferred to the state I now live in or get it dissolved?
Andrew's answer
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Answered on June 05, 2017
You need to contact an elder law attorney. Your fact pattern, and what you are proposing are chock full of issues.
It sounds like you have a...
Archived
How can a real estate agent hired to sell a home buy it for less then what the owner paid for it in 1998?
Andrew's answer
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Answered on June 05, 2017
The agent named in a power of attorney has a legal obligation to act in the best interest of the person granting the power of attorney. This...
In an irrevocable living trust, can a trustee name a second successor trustee in case successor trustee number one dies?
Andrew's answer
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Answered on June 05, 2017
Yes, a trustee may be given power to name a successor. This would need to be specifies in the trust document.
Another option would be for the...
Archived
Executor of the Estate proof, If there an official document that I should have after becoming executor of the estate?
Andrew's answer
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Answered on June 05, 2017
Depending on the type of proceeding you initiated you may have received Letters Testamentary or Letters of Administration. However, it may not...
Archived
How can I get a title for the truck my mother gave my son in her will?
Andrew's answer
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Answered on June 02, 2017
I agree with Ms. David. Unfortunately, since the truck title was ignored on your stepfather's passing, it will now require two administrations (in...
What is the difference between a Survivor's Trust and a Bypass Trust?
Andrew's answer
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Answered on June 02, 2017
The difference between a bypass trust and a survivors trust, apparently, is the nomenclature the attorney used in drafting the trust document. One...
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Archived
Hi, I am hoping that you could please help me locate a trust set up by my deceased parents? All I know is the state n their name
Andrew's answer
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Answered on June 01, 2017
This is a tough situation, and I am sorry that you find yourself in the middle of it. One of the reasons many people prefer to use a trust as...
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