I agree with Messrs. Ajalat and Gaffney. Several states in the Union (California not being one of them) have trusts that can be self settled, still...

In short you can organize a Nevada LLC and then advise the IRS to recognize the LLC as a corporation. Then file the S-Election before the election...

Mr . Fromm’s response to your question is correct. Nothing more can or should be added. Consider doing as he advised you.

Hi, i'm a real estate agent, and I was contacted by a client who was interested in purchasing a home.

First, Trust classification is not correct, but I could not find any other type of law that is applicable, so I did not change the question...

Irrevocable trusts and community property.

The only relation to your question is the source of your income comes from a trust. The fact the trust is a source of income is not relevant. What...

I agree with Ms. Paquette's and Mr. Fredrick's answers. The reason both are saying speak to an attorney in Michigan is your trust likely has...

I am sorry to hear your father did not plan his estate and consider the long lasting negative effects it will have upon you. You may want to...

I want to know if I am part of a trust?

I agree with Mr. Fromm’s answer. I will add, your question or variant thereof is asked so often I wrote a legal guide. You are after the fact re...

Mr. Robinson has given you sound advice and I have marked his answer as agreed. If your question is important to you, you may want to consider...

I changed your question to Estate Planning since is sounds in planning, not administration. What is expected is not trust administration at this...