Distribution of trust

I am not a CT attorney, but the general answer in most states is that trusts do not cease to exist just because the trustee dies. A court can...

Revocable or irrevocable trust?

While I am not licensed in CT and therefore am not able to provide legal advice about this matter, it seems pretty clear to me this is an...

Confused

This is a great question, but there simply aren't enough facts to provide you with an adequate answer. An attorney will need to review both of the...

Nursing Home and life insurance (Pennsylvania)

I'm not licensed in PA and strongly encourage you to confer with a local elder law attorney who can properly advise you. Medicaid is a matter of...

When a elderly parent loans money to a grandchild is it the concern of her children?

The first question is really the last. Since you didn't take the action as her agent, you have no responsibility to collect the money. Now, if...

In Oklahoma, as correctly noted above, the issue comes down to whether your boyfriend had testamentary capacity. That is, did he understand what...

How could irrevocable trust have been broken

As was noted above, your brother could have deeded out the property while he was still serving. You will need to obtain a copy of the filed...

What can happen ?

You should confer with the equivalent of your Adult Protective Services agency if you believe fraud has occurred. Otherwise, contact a qualified...

This is a matter of state law. Some states require that beneficiaries be provided copies of all testamentary instruments (wills and trusts) and...

Does the money to the beneficiaries of a surrendered Irrevocable Life Insurance Trust have to declare this as income?

The general answer is that proceeds of a life insurance policy, whether held separately or in an ILIT, pass tax free to the beneficiaries. I agree...