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Florida Trustee establishes new revocable trust with out the co-trustee's & beneficiaries knowledge. Isn't that a breach of UTC
Ruth's answer
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Answered on December 10, 2013
Who established the trust - the grantor or trustee? Grantors establish trusts unless they have a specific provision in a Durable Power of Attorney...
Archived
Is irrevocable trust responsible for bill fees reimbursed by current trustee who paid from revocable trust funds then?
Ruth's answer
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Answered on December 10, 2013
In most cases ALL bills should be paid from the revocable trust. It depends on the language in the trust agreements.
Archived
Is there any way to take on a limited power of attorney for my parents investments without sole right of survivorship?
Ruth's answer
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Answered on December 10, 2013
There certainly should be a way to do this. Unfortunately, brokerage companies want persons to use their own forms and the forms I havre seen are...
Do we need a living trust in the state of WA and if so how long is a living trust valid after both of us died
Ruth's answer
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Answered on December 09, 2013
A living trust is valid until the document mandates final distributions. I suggest that you consult an esate planning attorney and present the...
Archived
I have a last will and testament as a daughter for my father. Are there any funds that he left without being aware?
Ruth's answer
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Answered on December 09, 2013
You should have his mail forwarded to you so that you can see any statements or tax forms that will be sent out prior to March 1, 2014. Also, look...
Archived
Maternal grandmother, have a caregiver affidavit for my grandchildren, can the paternal grandmother try and get guardianship?
Ruth's answer
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Answered on December 09, 2013
she can try to get guardianship through the court system.
Archived
What should my friend do?
Ruth's answer
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Answered on December 09, 2013
Abuse should be reported to the children & families division of the state or local government or the police so that the charges can be...
Archived
My in-laws are giving my husband 37 acres. If we put the property in a trust, can my husband still be his own contractor?
Ruth's answer
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Answered on December 09, 2013
It should not matter if the properpy is in trust. Your husband will be the trustee and will use his own Social "Security number for the trust.
Archived
Do i have to pay inheritance tax on stock sold 2 months before my mothers death held in jt-ten
Ruth's answer
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Answered on December 09, 2013
If it was sold before your mother passed away, it was not "inherited." You may owe capital gains tax. Please consult your accountant,.
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Archived
Legal Will
Ruth's answer
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Answered on December 09, 2013
It may be - but, it may not be. People who draft their own documents do so at their peril. There are certain statutory requirements that must be...
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