Under California Law, Are The Heirs Entitled To A Copy Of Trust Documents When The Trustors Are Deceased?
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Answered on February 20, 2011
If the heirs are also beneficiaries of the trust, then the answer is yes, they can see those parts of the trust that concern them, and may be...
I'm a beneficiary and the Trustee for my father's estate, is this a conflict of interests?
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Answered on February 20, 2011
1) There is technically a conflict in both acting as trustee and being a beneficiary, but the terms of most trusts (and the laws of most states)...
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My dad died in NC. His wife is living. He wrote a will leaving his 3 kids w/10% each, and the rest, 70% to wife and her kids.
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Answered on February 20, 2011
A will is only effective on property held in an individual's name alone. It is entirely possible that your father and his wife owned everything in...
As administrator, can I withdraw funds from the estate account for personal use and return them before probate closes
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Answered on February 20, 2011
ABSOLUTELY NOT -- while you state that there are no other beneficiaries so it may seem harmless it is a violation of your fiduciary duties. Your...
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My father has passed leaving a CD in his name, do I have legal rights to share that CD money with my sister?
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Answered on February 20, 2011
Normally, if the money is in your father's name alone, the answer would be YES -- as to 1/2 (assuming the only heirs are you and your sister and...
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If I mentioned my term life insurance policy & its beneficiaries in my will, would the proceeds become part of my estate?
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Answered on February 16, 2011
The place to name the beneficiaries is in the beneficiary designation with the life insurance company. NOT the will. You cannot change...
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Can a state take a power of attorney away?
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Answered on February 16, 2011
Bearing in mind that my answers apply in Illinois -- but probably most states have similar laws: Actually, an elder abuse watchdog group (check...
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