What details should I be aware of when I am a trustee in a revocable and and irrevocable trust for the same person?
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Answered on July 01, 2018
A lawyer would have to read the first trust, and the instrument that dictates the creation of the new trust. To answer your question:
At first...
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What must I do to take care of this properly? Must I go to court and be appointed administrator of his estate? Can we ignore?
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Answered on April 21, 2016
It might be worth a try, if your aunt's estate was probated, to have the personal representative of her estate contact the insurance company and...
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If elderly people want Medicaid home care by using a spend down pooled trust, what assets does Medicaid allow them to have?
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Answered on April 15, 2016
Medicaid is state-specific, with limits to both monthly income and assets. Please consult a NY elder law lawyer on this. Medicaid planning is very...
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Probate
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Answered on April 15, 2016
I agree that the probate court must transfer ownership to the grandson, even if it is a non-probate asset (it passes out of probate vis a vis...
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My mother told me before she past away, that she left me a sum of cash. How am i supposed to find it ?
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Answered on January 19, 2013
A private investigator may be able to find assets. They charge about $500, and the ability to find accounts falls off quickly after the person...
Does a divorce in Florida, revoke a durable power of attorney OR designation of health care surrogate ???
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Answered on January 19, 2013
Do you want them to? I would have to see the documents in question. Most lawyers I know draft for the powers to terminate in the case of divorce.
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In CA Probate Court, can the Probate Attorney for the IAEA sell the house as the Real Estate Broker?
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Answered on January 19, 2013
Who agreed to list it for $200,000? Was the house appraised before listing? While the fact that the house was resold for so much more in 90 days...
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My sister is executor of my dads will,If she makes a mistake and owes ITS..Is she the only one responsible to pay the IRS ?
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Answered on January 19, 2013
The IRS will go after your sister first, and if they are not compensated they can go after your share of the inheritance. I could be wrong, but if...
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Can an Intervitro Trust be ammended or broken?
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Answered on January 19, 2013
To answer your question I would need to see the trust document. A provision that real property is never to be sold could be upheld in the case...
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Two days after my 89 year old mom got out of the hospital, my sister got her to drop me as executor & put herself in my place.
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Answered on December 22, 2012
I strongly disagree with the answers above. Under normal circumstances, you would have the burden of proof as to Undue Influence, which can prove...
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