Archived
CA Trust, Trustee died. Successor/Beneficiary getting divorced. Spouse have rights to money from Trustee Sale?
James's answer
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Answered on August 16, 2013
I agree with Mr. Scott. Your friend's attorney should review all of the facts of this with her. It is likely that the inheritance would be the...
What do quotation marks around a signature on a will mean?
James's answer
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Answered on August 16, 2013
I agree with Mr. Carter. I have never seen that, either. Was the Will drafted by an attorney? If so, I would ask the attorney. If not, then it will...
Archived
Beneficiary deed responsibilities.
James's answer
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Answered on August 16, 2013
The deed to the property controls. A trust has no legal authority over property that is not titled in the name of the trust. You would have no...
Archived
How to make changes to a living trust and who is responsible for parents debt after their death.
James's answer
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Answered on August 16, 2013
There are a number of issues underlying your question. The BEST way to make changes is to contact an estate planning attorney and have the...
What are the pros & cons of having multiple co-trustees on a living trust? Is having multiple trustees advisable?
James's answer
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Answered on August 16, 2013
I agree with my colleagues and generally find that one trustee is a better choice. I would add that one additional disadvantage of multiple...
Archived
What is the beneficiary entitled to from a trust that is paying income on money invested from an insurance policy.
James's answer
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Answered on August 16, 2013
I agree with Mr. Zelinger. In most cases, income does not include capital gains. You should review the situation, however, to determine if the...
Archived
I'm the trustee of a trust. A family member of the beneficiary would like to make a loan from the trust. Is that wise to do?
James's answer
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Answered on August 16, 2013
I would proceed with extreme caution. I would have a lawyer review all the facts of the situation to determine if this makes sense or not. Very...
Can I sell my half of the house that was left in a living trust by my mother? The other half does not want to buy me out.
James's answer
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Answered on August 16, 2013
I agree with Attorney Cross. YOU are having trouble dealing with your family members. What private party would want to sign on for those kinds of...
Do we need a living trust in washington state?
James's answer
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Answered on August 16, 2013
I agree with Attorney Millsap. I think you need to see an estate planning attorney to decide who to proceed. I am concerned by your last comment....
Removing a trust protector NY
James's answer
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Answered on August 16, 2013
Much depends on the terms of the trust and the intent if the grantor as reflected by those terms. It is possible that the language you referenced...
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