How do you set up a trust from a trust and do I pay taxes on the money now or as its used?

If I am understading correctly you are asking about creating and funding a separate trust as the recipient of a monthly stipend. Your mother's...

How does one manage moving, living costs under SSI limits?

This is far to difficult to answer in this setting- you need to speak to an estate planning attorney who has knowledge of SSI and special needs...

Can an abstract of judgement be filed against a property that is in a limited partnership with a corp as the general partner?

I think we would need more infomation on this one… Whose name is the credit card in? The LP is on title as owner of your home? Was the credit...

If "the original disposition of the trust ...on page 15" is missing, is the trust invalid?

You would typically not receive an original- the trustee will send out a notification by Trustee and either represent that a complete copy is...

Which power of attorney would I need? I was thinking either "statutory" or "general" but need some clarification please.

A power of attorney is an agency document which allows someone to step in your shoes - typically to help out in times of incapacity, but certainly...

Mom passed w/2 properties in Living Trust. Can 3 Beneficiaries keep the Trust open for 5 years without distribution?

Currently you may be paying taxes at a trust rate unless your CPA is issuing K1's based on beneficiary distributions and you are reporting your...

Can I list a house for sale for my Dad. Since he has dementia? He asked me too. Has a crime been committed?

Hopefully you listed the home using either a power or attorney, as a conservator, or as a trustee. If so, as an agent you step into your dad's...

A joint account means that both your sister and dad are owners of that account. I agree with my colleagues as this MAY be a potential elder abuse...

Do I need an attorney to revoke a Separate Property Trust.

I wouldn't necessarily call it a letter per se… Typically a revocable trust is revoked by referencing the clause that allows you to do as well as...

Question about problem getting Medicaid to help supplement the cost of assisted living/nursing home

FIrst and foremost - be very honest when applying for Medi-Cal. If mom had $80K and gave it away- that's fine - mom can do whatever she wants…....