Explain: " The trustee shall distribute the rest, residue and remainder of the Trust Estate to _________in equal shares"
Colleen's answer
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Answered on April 04, 2018
Arthur is correct. Additionally, the Trustee should be making any "off the top" distributions to any specific devises outlined in the Trust prior...
Can i get POA of my mom away from my step father?
Colleen's answer
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Answered on April 04, 2018
A lot would depend on the Power of Attorney Document, and the provisions therein. If you have access to that document, certain provisions can...
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In the state of Arizona can a trust fund be changed legally 24 days before the trust owner dies?
Colleen's answer
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Answered on April 04, 2018
This would really depend on your Uncle's state of mind when he executed the Trust Amendment. Courts can find documents to be the product of Duress...
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Can a irrevocable trust be the grantor to an individual?
Colleen's answer
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Answered on April 03, 2018
An irrevocable trust can be prepared in any way that the Grantor sees fit. Assuming that you are the "Grantor," meaning that you are the one...
What are the tax implications of removing someone from title deed?
Colleen's answer
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Answered on March 28, 2018
You can certainly have a Revocable Trust in yours and your husband's names as Trustees and Lifetime Beneficiaries. Your mother would have to sign...
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Can I avoid probate?
Colleen's answer
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Answered on March 26, 2018
It would really depend on the value of the home. If the value of the property is less than $100,000.00, the process can be completed through a...
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Will I as an heir be liable for tax gains on a land settlement held by the trust?
Colleen's answer
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Answered on November 22, 2017
Is your mother still alive, and sole managing Trustee/Grantor? This would change the advice you would receive.
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Do i have a case against trustee.?
Colleen's answer
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Answered on November 21, 2017
This response correlates with Arizona law. It would depend on the Trust property, and the provisions of the Trust. A few things for you to...
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I am a trustee for moms revocable trust. She is the Granto and trustee also. What kind of legal problems am I facing
Colleen's answer
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Answered on November 21, 2017
First, this knowledge is based on Arizona law, but also some principles of basic Estate Planning. As painful as this is to hear . . . it depends. ...
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Can I be sued?
Colleen's answer
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Answered on November 21, 2017
As much as you don't want to hear this answer . . . it depends. Anybody can add a party to a lawsuit, the important information would be whether...
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