What is the process for transferring real property into an irrevocable trust
If the trust was drafted by a competent lawyer the lawyer should be involved in transferring the property, if necessary. Transferring real estate...
Grand Blanc, MI
Elder law Lawyer at Grand Blanc, MI
Practice Areas: Elder Law, Trusts ... +4 more
If the trust was drafted by a competent lawyer the lawyer should be involved in transferring the property, if necessary. Transferring real estate...
It is fairly common for one person to give another person authority to sign their name to a legal document. Of course the difficulty is later...
Gifting has become a virtual mine field since the adoption of the deficit reduction act. It should really only be done under the instruction and...
You will want to contact a local Elder Law attorney to discuss this matter. One good resource for finding Elder Law attorneys is www.naela.com. ...
It depends. Did your mother have any assets in her name alone? If yes, then those assets can be probated. If she had all of her assets joint...
Liens, easements and other encumbrances typically run with the land. Transfers in and out of a trust should have no effect.
You can get information about Elder Law Attorneys in your state at www.naela.org or www.elderlawanswers.com.
Every state has different rules regarding decedent's estate. Is probate difficult? Will there be any estate or inheritance taxes? It is best to...
One other point to consider. Joint accounts are often not the best way to hold money with someone other than your spouse. If one of the joint...
This is one of the main advantages of a standard revocable trust. In most states a revocable (changeable) trust can be set up to automatically...