Can a person have a revocable trust and an irrevocable trust at the same time?
Yes you can have a revocable and an irrevocable trust at the same time but not for the same assets. The two trusts are totally different and serve...
Phoenix, AZ
Estate planning Lawyer at Phoenix, AZ
Practice Areas: Estate Planning, Guardianship ... +10 more
Yes you can have a revocable and an irrevocable trust at the same time but not for the same assets. The two trusts are totally different and serve...
The only way to have legal authority over your mother is to become her guardian and conservator. This requires a petition to be filed in court and...
As long as your mother is understands what she is doing she can make gifts of these amounts without any tax issues or penalties. She can make...
Your question requires a PA attorney to gve you the specifics. The value of the assets determine the tax estate tax consequence and the...
You need the assistance of the probate court to transfer the title to real property when the owner dies. If there is no will then you used the...
You can make gifts as are outlined in previous answer and in most cases it will not exceed the 1 million dollars so there would be no taxes when...
You have inherited a potential mess that can only be solved by an agreement between the three of you. What you do is not a matter of law but what...
This question is state specfic and should be answered by an estate planning attorney in the state you live in or the state the decedent is a...
you need to met with an attorney who practices medicaid law in MN. Don't do any transfers until you have the attorney help with all the planning...
The best action you can take is to promptly retain an attorney is knowledgeable in divorce law in your state. You could be risking not having a...