Archived
My parents left an irrevocable living trust. My sister is the trustee and I am the beneficiary. She has the copy of it and has t
Michael's answer
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Answered on September 29, 2012
As the beneficiary you are entitled to a copy of the trust document. If your sister refuses to give it to you, I recommend you contact an attorney...
Archived
Durable POA in a Living Trust (created 2010) rejected by bank FL statute 709.2201(a), "Can't add POA to a/c in a trust? Pls adv
Michael's answer
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Answered on September 29, 2012
A power of attorney does not permit you to act as a trustee, even though the POA is for the grantor/beneficiary of the trust. You must be...
Archived
How often can or should a trust be updated?
Michael's answer
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Answered on September 29, 2012
How often can it be updated? Anytime you want.
How often should it be updated? Whenever the terms in the trust (I'm assuming you're speaking...
An irrevocable trust states "to serve jointly as successor Co-Trustees". Does this mean the cotrustees cannot act independently?
Michael's answer
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Answered on September 29, 2012
The likely answer is yes. However the terms of the trust will decide this. Typically, in the terms of the trust, language is included for...
Archived
How can a change a deed over when my mom has past away three years ago?
Michael's answer
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Answered on September 29, 2012
To transfer real propery (houses and land) after the death of the owner, you need to open a probate proceeding.
Archived
Can a person be there own executor of a sussession?
Michael's answer
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Answered on September 29, 2012
You can't possibly be your own executor. In order to be executor, there must be someone who died.
Archived
I am the beneficiary on my fathers insurance policy, does that give me the right to control his property?
Michael's answer
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Answered on September 29, 2012
Short answer - NO. If there is no will and he has no spouse, then the children have next priority for appointment as personal representative. ...
My father left me his house but there is still money owed on home equity loan. will i inherit the debt? can the house be sold?
Michael's answer
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Answered on September 29, 2012
With real property the debt follows the property. If you inherit the property, you also inherit the debt. As to the question of your uncle...
Archived
My grandmother passed in 1980 show can i get info on bank accounts that she had , the bank has changed hands a few times since
Michael's answer
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Answered on September 29, 2012
If the assets were collected by the probate estate of your grandmother in 1980, there is nothing you can do. The bank, especially where it has...
The conservator of my mothers estate is requesting that we sell her assets to pay her bills. My mother is in a assisted living
Michael's answer
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Answered on September 29, 2012
If the individual is a court appointed conservator, he doesn't need your permission to sell your mother's assets to pay her bills. If she has...
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