When I establish an irrevocable trust for my 7 grandchildren who pays the income taxes from reinvested dividends in the trust?
Depends on if it is a grantor trust. It can be structured either way
Jacksonville, FL
Estate planning Lawyer at Jacksonville, FL
Practice Areas: Estate Planning, Probate ... +3 more
Depends on if it is a grantor trust. It can be structured either way
Normally you would not, but you asked these questions previously. The problem is your dealing with PASCO county, which has its own rules. Given...
There is not enough information and the information that you provided is not consistent. Generally $3000 is not enough to even begin a lawsuit. ...
Yes, the fees / reimbursement can be included in the order that the court is asked to sign. With 3 heirs, a lawyer will be required to handle the...
You can leave the property to your husband in trust. The problem may be that if it is homestead, you would need to get him to consent. You might...
If there are no assets and he is the only one responsible for the debts, you can just let the creditors know there are no assets and ask them to...
Pasco has their own set of rules. I would check with your probate lawyer who should be able to look at the rules to determine what is necessary...
Yes unless it is a holographic will that does not comply with the statute of wills or violates the states homestead provisions
As with most legal issues, the answer is "It Depends". If the house is the homestead, then there are ownership rights, unless the spouse waives...
Depends on the type of trust. Most trusts are revocable and the settlor or grantor can Just amend the trust.Or amend and restate the trust.