Trust

I agree with the other attorneys. You're not going to get an answer to your questions by paraphrasing parts of a few trust documents. You really...

Trusts only avoid probate for assets held in the trust or for which the trust is the beneficiary. You might be able to avoid probate if the life...

Lawyers can't share legal fees with non-lawyers. So you'll run into ethics problems if anything the business does could be considered the practice...

In the state of Illinois, what do we need to do to keep my 92-year old mother's assets out of probate court when she dies

Assets held in via joint tenancy pass outside of probate. Based on your description of your mom's situation, the account should pass to you and...

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Does a small estate affidavit (Probates under $100,000) need to be notorized and/ or filed with the court and signed by a judge-

A small estate affidavit is signed by the person handling the administration. It does not need to be filed with the court or notarized. However,...

Q-tip trust

What you describe is generally possible, yes. Whether it's a good idea is something you'll have to work through with an estate planning attorney,...

Reguarding trustee question

Unless the trust states otherwise, two co-trustees must generally act together to take action regarding the trust. You really need to read the...

What can happen ?

The area your question is getting into is going to be very fact specific and require a lot of thoughtful analysis. While you can get general...

What can happen ?

As long as the trustee is acting within the scope of their authority regarding the expenses incurred (repairing the house and paying bills), it is...

Trust Question

It wouldn't be appropriate for the trustee to sell the trust assets (in this case the home) and distribute the funds without providing an...