Can a beneficiary of an irrevocable trust that is given 15k give the money to the grantor per grantor’s request?
Jacqueline's answer
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Answered on September 03, 2021
Hello, I think more information is needed as to why the grantor is requesting the money back. The grantor is not the one that should be making...
What would be the best way to open up a settlement trust banking account?
Jacqueline's answer
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Answered on September 03, 2021
Hello, I am sorry you are having difficulty in trying to open an account. From your question it is difficult to determine exactly what you are...
Should I make a revocable trust?
Jacqueline's answer
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Answered on June 23, 2021
Hello, the amount of what you have is not the only deciding factor on whether a Trust is the best choice. Sometimes those who have the least amount...
What assets get inherited after a divorce or death in Florida?
Jacqueline's answer
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Answered on June 23, 2021
Hello, these are two very separate areas. I do not practice family law so I will not address the divorce issues. From an Estate Planning...
In Florida my mother has a va mortgage not paid off ,I’m her son on the deed what happens if she dies I’m not on the mortgage
Jacqueline's answer
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Answered on June 23, 2021
Hello, I agree with Mr. Rosenblatt. Most mortgages have what is called an acceleration clause. Upon death of your Mom the acceleration clause would...
Questions re: estate attorney as trustee of small foundation
Jacqueline's answer
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Answered on May 11, 2021
I agree you need to speak with your uncle and make sure his intentions are being honored. An attorney can act as Trustee but Florida passed a new...
How to transfer real property upon death?
Jacqueline's answer
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Answered on May 11, 2021
You can do a Lady bird deed and it will avoid probate. Besides the issues that Mr. Gunthert mentioned you should also speak to an attorney about...
Living Revocable Trust?
Jacqueline's answer
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Answered on May 11, 2021
Mr. Gunthert has provided an excellent explanation. If you want the trust to control the real estate holdings they should be titled under the...
Do I only need power of attorney or should I create a trust for the money in the bank?
Jacqueline's answer
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Answered on April 12, 2021
I am sorry to hear about your Mom's stroke. This is more of a complicated question than you may be considering. A lot of what can be done will...
Would getting a lady bird be good for signing over my condo to an adult child after I die?
Jacqueline's answer
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Answered on April 12, 2021
A lady bird deed will get the property to your adult child after death but having an attorney prepare this deed is not costly and should at least...
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