When does income of Estate transfer to family Trust? At death or when trustee submits disposition of assets papers to court?

It is common to have an estate and trust tax return. The asset that produces the income takes the trust tax number when transferred to the trust..

My lawyer has received a check for med money and is telling me that it has to go in a trust fund by law i do not believe her

Attorneys can maximize your results in these type cases and I am sure your attorney can give you a list of reasons for the trust fund-it is a very...

Is it possible that i can become my aunt power of attorney? Her mental state of mind is going downhill and she has no children.

I agree with Attorney Goldstein-have an attorney meet with your aunt and come up with a plan-the guardianship sounds like the best plan if you do...

Does divorce legally revoke a Family Joint Living Trust?

Divorce usually results in assets coming out of the family trust and being placed in the individual names. So-if the house was transferred to...

Has Merill lynch trust dept ever been successfully sued in Florida ?

Any trust or trustee (personal or corporate) can be sued. The court decides these cases one at a time and anything is possible in a court of law.

My stepmother put a no contest indemnity clause in her trust agreement . . . is that legal in Florida

Unenforceable and the trust might be able to recover fees against the sueing party.

Don't know where to start. My Dad passed away almost 2 years ago. My older sister was taking care of everything. She said the

You can check the county records to see if taxes are owed and also the owner of the property. If the owner is the estate-you can hire an attorney...

Will probate be necessary?

If all assets are owned jointly-no probate upon first death. Probate would be required upon 2nd death and the last to die and the last person's...

All states have web sites now that list "lost assets" left in estates or a deceased person's name. Check it out.

Mother died 1 mo. ago & left a home that was paid for to her 4 children, no will. My sibling, a hoarder, lived with Mother for

You need to start a probate proceeding without a will. The executor can control the property and take steps to remove your sibling and place the...