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We have a $500,000 trust in Tenn. It will continue for 99 years after the youngest in the trust dies. We receive income.
Brendan's answer
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Answered on June 24, 2014
Probably not, but have the trust document reviewed by legal counsel to determine for sure. Sometimes a trust can be terminated with the unanimous...
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My father died in February and left an irrevocable trust. My step-mother told me that she is now the trustee.
Brendan's answer
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Answered on June 24, 2014
You are probably not entitled to a copy of the trust if you are not a current beneficiary.
Archived
Estate closed in Pa due to juridiction
Brendan's answer
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Answered on June 24, 2014
Although the death certificate lists a particular address, there must be other evidence that the decedent was domiciled in CA at the time of...
Archived
Does an Estate Plan drawn by an Attorney in Boston MA need to be review by an Attorney in South Carolina?
Brendan's answer
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Answered on June 24, 2014
As my colleagues have said, the will is not invalid simply because it was drafted and executed in another state. However, there may be laws that...
Archived
Irrevocable trust and releasing title to a property
Brendan's answer
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Answered on June 24, 2014
Pulling a $1,000,000.00 home out of an irrevocable trust for a $100,000.00 loan seems unwise. Presumably, the irrevocable trust offers a great deal...
I need to get a copy of a trust from an attorney who has been disbarred and is no longer in business. How can I do so?
Brendan's answer
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Answered on June 24, 2014
It is likely that the attorney turned over files to another attorney still in practice. Was he a solo practitioner? If he was in a firm with other...
Archived
My son won a large sum in a birth defect law suit. can I buy a house with his money and then put the house in his trust?
Brendan's answer
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Answered on June 24, 2014
This question can't be adequately answered without knowing the terms of the trust. Are the funds already in the trust? Are you the trustee? Is...
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Archived
My brother wasnamed exector to our dads will he probated will distributing iteams that didn't need to go through probate
Brendan's answer
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Answered on June 24, 2014
First of all, I recommend you follow the advice of my colleagues. I will add that if the will names you as the next alternate, it may be somewhat...
Can a coop in an irrevocable trust be sold when the beneficiary decides to move out?
Brendan's answer
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Answered on June 24, 2014
Technically, the Trustee would be the party selling the property. Whether or not the Trustee could do so would depend upon the terms of the trust.
Archived
What should I do?
Brendan's answer
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Answered on June 24, 2014
Get a copy of the will and sit down with a good local attorney. If you have good reason to distrust this son, you may, at the least, ask that the...
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