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I am the sole beneficiary of a irrevocable trust with a trustee. am i entitled to a copy of this trust and accounting of funds?
Michael's answer
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Answered on September 08, 2012
I agree with the former answer. The trust document usually will specify a procedure for the right to an accounting, but you as beneficiary should...
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How do you change the successor trustee to trustee when the original trustee dies?
Michael's answer
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Answered on August 27, 2012
Typically the trust document itself will provide for how to change trustees, but if the trust was set up in a will that was probated, there should...
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Can/should life estate interest(s) be placed in living trust?
Michael's answer
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Answered on August 25, 2012
Basically, you carved out a life estate for your Mom which reverts to you should she predecease you. If you put the house in trust and you...
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I am the trustee, executor & benificary of my dads trust. I have a judgement & writ against me. Is the trust safe?
Michael's answer
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Answered on August 25, 2012
I agree with the above and would add that most trusts that continue beyond the creator's (grantor's) life will have a spendthrift clause which...
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I suspect my mother has taken money from my trust fund. How can I find out the balance & transactions of it?
Michael's answer
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Answered on November 05, 2011
I agree with the prior answer. The duty of the trustee is the highest duty under the law for a lay person, and the courts are very particular...
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How do I indicate in advance that I do not want to be transported to a certain hospital in an emergency?
Michael's answer
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Answered on November 01, 2011
I agree. Generally is there is an emergency, they will do what is expedient. However, I would let the person you've named as your health care power...
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DEEDS
Michael's answer
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Answered on October 20, 2011
I am not really sure based on the fact pattern given, but it would make sense that if the deed was transferred to the trust initially, it is to be...
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I am 70 my daughter is 45. I am divorced from her father. She is my IRA beneficiary.
Michael's answer
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Answered on October 15, 2011
I agree with the prior answer with the following additions. If you name someone else as contingent beneficiary, your daughter would have to...
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I am 70 my daughter is 45. I am divorced from her father. She is my IRA beneficiary.
Michael's answer
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Answered on October 15, 2011
I agree with the prior answer with the following additions. If you name someone else as contingent beneficiary, your daughter would have to...
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How can a single trust be set up to distribute funds as needed to 5 adult heirs of a revocable trust (all equal heirs)
Michael's answer
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Answered on September 22, 2011
I agree with other comments. It depends on how you Mom set up the accounts and the directions as to the disbursement. It also may be possible if...
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