I agree with prior post. Once the subtrust is funded, it obtains an EIN and reports annually to IRS and any applicable state or local taxing...

How to petition the court for guardianship of an adult who already has an independent third party as guardian?

A person with standing may petition the court to terminate or modify an existing guardianship. The interested persons are the spouse and children,...

Credit Unions have charter that define membership and can be different than banks. Many credit union charters say that a non natural person, such...

Do I need to file income taxes in michigan for a special needs trust? I have to do a federal 1041.

Attorney Frederick is correct. You will need to file and should do so promptly to avoid any penalties or interest in the event a payment is due.

Nominee

If she is deceased and you are talking about her Will, you could be the nominated personal representative which is the person in charge of...

Question about Guardian ad Litem in probate

What do you mean by "parties?" Are all beneficiaries adults or just the person filing the petition and the person responding? All qualified trust...

My wife was in charge of my fathers checking account 5 years . He still alive. Her name was on the account,so was my dads

There are a lot of facts that may play a role in determining whether your wife is liable. When someone adds someone as a "joint owner" on an...

Removal of Personal Rep

You are entitled to compensation as PR. As long as you are in the right, all of the work you are doing should be compensable. Best case scenario,...

Securities and Investments

Once the Grantor/Settlor of a Revocable Living Trust dies, the trust is required to obtain its own tax number and report any income it receives...

How do I claim a trust when I don't have the paperwork because the paperwork was confiscated?

How did you hear about this account? You should definitely contact a probate attorney locally who can attempt to find out whether or not there...