What happens if beneficiary of a trust dies before the age required to receive trust and a clause states an age must be attain
Joseph's answer
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Answered on December 14, 2012
It is held in trust by the then acting trustee and distributed at age 35.
There may be other provisions that allow the trustee to pay for...
Archived
Does designating a beneficiary of a bank account trump a previous instruction in a trust?
Joseph's answer
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Answered on December 13, 2012
The beneficiary named would prevail if owned by the decased at time of death.
I have witnessed a few accounts owned by a trust with different...
How can I change executor in Living Trust
Joseph's answer
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Answered on December 13, 2012
It just requires an amendment to the trust and codicil to the will.
Archived
In Floida this was filed by the PR of my Mom's will. What does it mean ?
Joseph's answer
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Answered on December 13, 2012
This is not a normal statement because it appears to be a ruling based on a petition.
It does appear to give the authority to make the final...
Archived
Letters of Administration
Joseph's answer
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Answered on December 13, 2012
Letters of Adm mean that someone has been appointed as executor of the estate with authority from the court to fulfill the requirements of taking...
Archived
Which state do you file will for probate?
Joseph's answer
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Answered on December 12, 2012
I agree -Ohio would be her apparent state of residence and where the probate should be filed.
Archived
If person dies and leaves real estate to someone does that include possessions in the home.
Joseph's answer
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Answered on December 12, 2012
No-not unless stated.
Archived
My Mother has her home in a trust. My sister is currently living with her. What are her rights when my Mother passes?
Joseph's answer
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Answered on December 12, 2012
It depends on her estate planning documents and who is named as executor/trustee and the distribution plan.
Your sister would not have any...
Archived
My brother broke his hip and needs surgery , he has down syndrome, there is no power of attorney what can we do
Joseph's answer
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Answered on December 11, 2012
You will need a new guardian appointed immediately.
You will need an emergency hearing.
With POA, am I liable for
assisted living costs there is no money to pay?
Joseph's answer
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Answered on December 11, 2012
NO-not if you signed as POA on any contracts.
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