Archived
We have created a Revocable Living Trust in 2004. The company have been bankrupt. Do we need a lawyer to update the trust?
James's answer
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Answered on August 24, 2013
Selling the house would by itself nor require a change in the trust. But as the other attorneys noted there is always opportunities for serious...
Archived
I am a trustee of a trust with a balance of 120000.00 what is a reasonable amount to no longer require my services to heir
James's answer
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Answered on August 24, 2013
If you do not hav an attorney you need to get one. If you do not administer the trust correctly you can be held personally liable. The attorney...
Archived
Can I contest a living trust after two years when there is a fraud?
James's answer
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Answered on August 24, 2013
I agree with Ms James. In order to know for sure you need to discuss the facts with an estate and probate attorney.
Archived
Is the trustee of a trust possessed. Is that why a trustee cannot be influenced by anyone.
James's answer
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Answered on August 24, 2013
Explain what you mean by possessed.
Archived
Our Family has an irrevocable trust. It is in Mass. Mother is trustee, brothers and I are very long distance.
James's answer
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Answered on August 24, 2013
Massheath like Medicaid programs in every state have very confusing rules which also are changing constantly. This is not an area that you can...
Archived
Can the PR use moneys from the decease estate to continue to pay for the upkeep of the house/ closing fee for selling the house
James's answer
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Answered on August 24, 2013
If you do not have your own a attorney you need to get one. If you have one bring this to their attention ASAP.
Archived
My employer is deducting my Simple Ira from my check but has not made a single deposit into my IRA account in 8 months!?
James's answer
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Answered on August 24, 2013
The first question is what has been the practice in the past and what does the material the company gave you say about the procedures. It could...
Archived
What to do with a trust and probate hearing
James's answer
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Answered on August 24, 2013
You need to get a trust and estate attorney immediately. This can be very complicated.
Archived
My sister is in a nursing home, I pay her utilities & other bills. If she dies can I get Reimbursed for these.
James's answer
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Answered on August 22, 2013
You did not say whether the sister was competent, or if not is there a DPOA or guardian. You should get an agreement with her, the DPOA agent or...
Archived
If my two siblings and I inherit a house in California how does "buying out" work when one or two siblings want the house?
James's answer
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Answered on August 22, 2013
Basically they would each be selling 1/3d of the value of the house. Everyone would have to pay their share of other expenses.
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