Archived
Can a conservator of a limited conservatorship be paid?
If so, can the money come from a special needs trust?
James's answer
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Answered on August 11, 2013
The court must approve the fees. The trust document will determine if the conservator can be paid from trust assets.
You need to have an...
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Archived
Why would I recieve a copy of the Deed of Trust from ReconTrust?
James's answer
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Answered on August 11, 2013
In many states a Deed of Trust is used with a mortgage. When the mortgage is paid the Deed of Trust is marked paid and sent to the property owner....
Archived
We have paid monthly for $5000 policy on elderly sister in nursing home to cover her burial expenses. Can the State claim it?
James's answer
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Answered on August 11, 2013
Each state is different. Check to make sure she was not still the owner of the policy. This can be a problem. You will may be able to prove that...
Archived
What remedies exist when the probate court cuts off family support without any warning? This is urgent. Rent needs to be paid.
James's answer
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Answered on August 11, 2013
If the attorney has filedfalseinformation with the court you need to get competent counsel immediately and they need to report this to the judge.
Archived
I am assigned executor of my grandmothers estate, it is small (well under 100,000).
James's answer
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Answered on August 11, 2013
The check is not made out to you. It belongs to your grandmothers estate.
You say you are the assigned executor - do you mean you have been...
Archived
My aunt played attorney through an online site and set up a trust in NC involving real estate. How can we fix an obvious mess?
James's answer
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Answered on August 11, 2013
This is an example of how DIY wills and Trusts can cost much more than using a competent attorney.
Archived
Does a cash bequest to be placed into a trust fund need to be reported on a W-9 form?
James's answer
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Answered on August 11, 2013
Yes. The trust must show where the money was transferred and if there was any taxable income transferred to the new trust. The quicker you give...
Archived
What does it mean trust split?
James's answer
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Answered on August 11, 2013
To know if the trust was administered correctly the trust document and the actions would have to be reviewed.
Generally upon the death of a...
Archived
Can a special needs trust be an offshore trust? And, can an offshore trust own an LLC?
James's answer
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Answered on August 11, 2013
The reason you are locking at a special needs trust will dictate whether an offshore arrangement would work. If you want to preserve any...
Archived
Co mingling funds in a trust
James's answer
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Answered on August 11, 2013
There is not enough information to answer this question. The trust document, the promissory note and the deed would have to be reviewed. You need...
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