Questions answered by Jerry E Shiles

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I am 1 of 8 beneficiaries named in a trust with property valued at $40+mill. The trustee, my sister, however, I do not trust.

Jerry's answer | Answered on April 15, 2014

I agree with the other attorney. It is common for trustees to request social security numbers since they are required to be listed by the IRS. I...

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This is a trust question under Wisconsin law: under the facts of this situation, how are trust assets distributed? See below.

Jerry's answer | Answered on April 15, 2014

I agree with the other attorneys. The terms of the trust will control. Normally the trust provides a procedure for the appointment of a successor...

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I was the trustee of an estate & pursuing a lawsuit. Can I continue if estate was closed by mistake.

Jerry's answer | Answered on April 15, 2014

You can always petition to have an estate reopened and the court should allow you to do so under the circumstnances you have outlined. You say you...

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How can I place a lien on an estate property?

Jerry's answer | Answered on April 15, 2014

This is a matter of state law. There are experienced Hawaiian attorneys who will have to intervene on your behalf. You should go to the AAEPA or...

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Can I petition the state of California to probate my Dads trust because of a disagreement between Co trustees?

Jerry's answer | Answered on April 15, 2014

As Mr. Broiles noted, this is not a probate matter, it is a request for the court to intervene in the trust administration. For this, you will...

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I like to know what type & name of special trust account should I open ?

Jerry's answer | Answered on April 15, 2014

I strongly recommend you confer with an elder law or special needs attorney. You can find one by going to the NAELA or Special Needs Alliance...

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Should I change my life insurance policy to name a trust as beneficiary if I want a trust to disperse the proceeds of the policy

Jerry's answer | Answered on April 15, 2014

The answer to all your questions is absolutelty. You should set up a trust. It can be funded after your death by making the trust the beneficiary...

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Is there any expectation for a beneficiary to accept any $$$ offer less than the tax value or current market value?

Jerry's answer | Answered on April 15, 2014

The question is somewhat more complicated than it appears at first. Why did the beneficiary offer less than tax and market value? Are there...

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How do I retrieve money that im entitiled to in a will and trust?

Jerry's answer | Answered on April 15, 2014

If you know for sure you are named as a beneficiary and you know who is the trustee or personal representative/executor, you can request a copy of...

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Going through a divorce. What is sufficient written consent from my spouse for me to transfer my house into a living trust?

Jerry's answer | Answered on April 15, 2014

Normally you would use a deed from you as a married person dealing with your sole and separate property and joined by your husband. You need an...

Jerry E Shiles's Answers (1236)

I am 1 of 8 beneficiaries named in a trust with property valued at $40+mill. The trustee, my sister, however, I do not trust.

This is a trust question under Wisconsin law: under the facts of this situation, how are trust assets distributed? See below.

I was the trustee of an estate & pursuing a lawsuit. Can I continue if estate was closed by mistake.

How can I place a lien on an estate property?

Can I petition the state of California to probate my Dads trust because of a disagreement between Co trustees?

I like to know what type & name of special trust account should I open ?

Should I change my life insurance policy to name a trust as beneficiary if I want a trust to disperse the proceeds of the policy

Is there any expectation for a beneficiary to accept any $$$ offer less than the tax value or current market value?

How do I retrieve money that im entitiled to in a will and trust?

Going through a divorce. What is sufficient written consent from my spouse for me to transfer my house into a living trust?