I am executor to my sisters estate. One of the heirs (her son) is not to receive his inheritance in a lump sum
Seth's answer
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Answered on May 10, 2024
Some key details are missing, but it sounds like her will may have created a testamentary trust. If that's the case, what you'll likely need to do...
What rights do I have??
Seth's answer
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Answered on May 06, 2024
"Partner in life." Since you didn't say spouse, it seems like you two were not married. If you were not married, your rights to his estate will be...
Can someone diagnosed with Dementia change the will?
Seth's answer
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Answered on May 06, 2024
A dementia diagnosis, in and of itself, is not necessarily going to cause a person to lack testamentary capacity. The question is whether the...
Have two trusts. Need updating. What do I do? Cpa is sick of me. Tax planning for investing also
Seth's answer
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Answered on May 06, 2024
Would need some more information. If these are revocable trusts that you created, you can amend them at any time as long as you have the capacity...
How can I find out if my deceased mother set up a trust in Tennessee?
Seth's answer
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Answered on April 25, 2024
From what you shared, it sounds like she created a living trust. Finding a living trust is a difficult process if you don't have any leads and the...
Will i have a case for breach of fiduciary duty against the trustee of my trust established in 2009 for not notifying me ?
Seth's answer
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Answered on April 24, 2024
Trust law generally requires trustees to keep beneficiaries informed about the trust's administration and of the material facts necessary for the...
Selected as the best answer
How to avoid probate in bequeathing my condo?
Seth's answer
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Answered on April 24, 2024
One good option for leaving real estate to someone outside of probate is to set up a revocable living trust, and then execute a deed retitling the...
Does a new will cancel an order will?
Seth's answer
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Answered on March 25, 2024
To answer these questions, the substance of the documents is really necessary context. For executing new wills, a new will often does revoke a...
I want to buy a house for my son to live in and he will pay toward the cost each month but no interest.
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Seth's answer
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Answered on March 16, 2024
With a private mortgage where there are very favorable terms to the borrower, there may be some tax aspects that need to be planned for. The IRS...
How do I get my name off my step mothers durable power of attorney?
Seth's answer
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Answered on March 16, 2024
She needs to consult with a Canadian estate planning attorney to revoke the old POA and execute a new one. You may also wish to do a written...
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