Can anyone open a trust account? and what are the requirements to open one? also can you open a trust with yourself as the trust
Justin's answer
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Answered on March 01, 2010
The short answer is "yes", but that might not be the correct answer. There are many types and structures of trusts and which is used depends upon...
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Can a trustee take back the money after they have given it to the beneficiary?
Justin's answer
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Answered on February 28, 2010
If the real estate is in your name, then the Trustee will be hard pressed to sell it.
But, it is impossible to answer your question. It depends...
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My wife and I have separate wills that we had prior to marriage and do not include each other. Are they valid if 1 of us dies?
Justin's answer
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Answered on February 26, 2010
The short answere to your question is: If they were valid before you married, then they still are valid now. This does not me they will be...
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Follow up: Can I hire an attorney to administer an estate with money ITF me?
Justin's answer
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Answered on February 25, 2010
I agree that trying to have a guardianship-related "fix" of this perceived problem is likely impossible given the facts you have stated.
One...
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Should an executor know the contents left in a trust?
Justin's answer
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Answered on February 25, 2010
To Mr. Barger's first-rate answwer I add the following:
The Executor has the ultimate responsibility for determining the need for filing any...
Archived
Can attorney set up estate account with money ITF someone if he's hired to administer an estate?
Justin's answer
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Answered on February 25, 2010
If things remain as is, then upon your Fatjer's passig you become the beneficial owner of the ITF funds. It will not matter who handles the...
Archived
How can I remove my own trustee. I live in Nebraska
Justin's answer
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Answered on February 25, 2010
You need to look at the terms of the Trust Agreement. If you created the Trust, you may have retained the right to amend or revoke the Trust. If...
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Is it feasible for an executor to take 6 years to settle a complicated estate?
Justin's answer
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Answered on February 23, 2010
Your question answeres itself. Not only is it possible, it is happening in your case.
Since there still is property to be sold, the estate must...
Archived
My father passed away 3 years ago and the will is not listed under probate court...can not get ahold of his wife what can I do
Justin's answer
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Answered on February 23, 2010
There is a procedure for requesting the Probate Court to issue an order requiring an individual to produce a Will in his/her possession. But that...
If bank accounts, CD's, IRA.s etcm are in two names and one of them passes away does the will determine rece the funds go to the
Justin's answer
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Answered on February 21, 2010
It must be determined exactly how the account is set up. If there is a survivorship provision, then the account will not be a probate asset, the...
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