Archived
Can real property be conveyed to a living trust, in The State of Michigan? Or, does it have to be conveyed to the trustee?
Robert's answer
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Answered on March 08, 2013
When a trust acquires real estate, it should be deeded to the trustee or successor trustee(s) in their capacity as trustees of the trust.
What is a lady bird trust?
Robert's answer
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Answered on February 24, 2013
There are several concepts being confused here. There is no such thing as a "Ladybird Trust." What she is referring to is a Ladybird Deed. While...
Is there a simple form , motion etc to dissolve a trust in Michigan ?
Robert's answer
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Answered on February 14, 2013
If it is a revocable trust, they can revoke or dissolve it. However, you may want to think twice about this. Wills require Probate Court action. ...
Archived
Does Medicaid consider a house in which an applicant lives as an asset when trying to qualify for nursing home assistance?
Robert's answer
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Answered on January 26, 2013
In addition to Mr. Vader's excellent answer, there are two other important things to consider:
1) if the house is in a trust it will most likely...
Archived
My parents, myself and husband are all listed on the deed to our home. My brother states he will contest will & assets.
Robert's answer
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Answered on January 12, 2013
It depends on how the deed is written. It could be "tenants in common" (meaning your parent's share would go through their estate), or "joint...
Archived
If mother end up in nursing home will a lady bird deed save her farm from them?
Robert's answer
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Answered on December 21, 2012
This is a bit more complicated than a yes or no question. If you want to make sure you protect the farm you should meet with a qualified Elder Law...
Archived
My Mother passed,She left a living trust,to be split equally between My 2 sisters and myself!
Robert's answer
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Answered on December 16, 2012
While I do not disagree with my friend, Michele Fuller, I think there might be a step to consider before Probate. What does the trust say? ...
Archived
My father passed away with no will .He wanted the house to got us his daughters .The house is not worth much,
Robert's answer
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Answered on November 25, 2012
Since your Dad did not write a Will, the State wrote one for him. It will need to go through Probate. Depending on the value of the estate, there...
Archived
We have a Living Trust since 2002; however we have not had a face-to-face meeting with the lawyer. Is our Living Will viable?
Robert's answer
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Answered on November 24, 2012
It sounds like neither the first "Trust Salesman" nor the second "Trust Salesman" are doing the right thing for you. As stated, it is against the...
Archived
Should i transfer our assets into a fixed annuity within an irrevocable trust to qualify for va aid and attendance benefits ?
Robert's answer
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Answered on October 24, 2012
It sounds like you have already met with someone to discuss your options in qualifying for Veteran benefits. Be sure you meet with the attorney...