Trustee sells real prop as individual

Not sure your question provides all the facts necessary to provide you with an appropriate response. A trustee appointment is a fiduciary...

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Can the mortgage company ask for summary administration instead of foreclosure

My firm handles foreclosure residential defense, often in conjunction with probate issues. However, the fact pattern, as you presented it, makes me...

As a resident of Florida, what documents do I need to make a WILL if I'm a beneficiary of another Estate & Trust from New York?

To actually draft the will, no, there is not any need to have any documentation attached. However, to enforce the provisions of the will, all...

If I choose the elective share option, and decide to sell my house later on, I get nothing from the profit??

The minor aged child is protected by Florida statutes, along with you, as the surviving spouse. To protect your interests fully, I suggest you...

In Florida, if a foreclosure action is voluntarily dismissed, does the "clock" on the five year statute of limitations restart?

It is very possible, if the bank does not re-filethe foreclosure action by 2015, you may be able to assert a Statute of Limitations defense. Common...

In a quit deed if there is a mortgage on property does the bank have to show that they have original note before they can claim

Hi, it sounds like you need to provide more clear details. The gist, from my understanding, is that the property owner quitclaimed the property to...

I set up the ILIT and am the insured, pay the premium, have a trustee and my two children are the beneficiaries

I am glad you re-posted and provided more details. The answers you received definitely should help guide you, especially from Attorney Blaustein. ...

Can distributions be changed in an ILIT

Trust law is very detail-oriented and requires high scrutiny; please do not attempt to make any changes without discussing it prior with the...

Can a "conduit" trust include Roth Ira and other assets

Placing an IRA into a trust vehicle may not really be the best idea, depriving your beneficiaries the full benefit of that financial asset. I truly...

In Florida, can the executor of a will be also a beneficiary in the same will?

In Florida, the executor is referred to as the Personal Representative, in case you were confused by some of the answers you received. We wish all...