Archived
How much money can a minor have in MD without court supervision? Could all money be kept in a UTMA or other trust?
Michael's answer
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Answered on September 10, 2015
The court having jurisdiction over the case is the set of rules you have to follow in this case. Sit down with counsel and agree on an outcome and...
Archived
A relative instituted a trust and has a last will and testament. The loving revocable trust was not funded per se. The relative
Michael's answer
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Answered on September 10, 2015
The pay-on-death designation can be updated. The 'funding problem' is fixable. It requires moving the ownership of assets intended to be covered...
Can a trust be drafted so that it's "iron-clad" & cannot be challenged by hostile relatives?
Michael's answer
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Answered on September 10, 2015
Yes - I always use a provision which requires that anyone contesting the Trust to be deemed to have died before the Grantor, and thus he or she is...
Archived
Can I challenge my mother's living will,irrevocable trust after she passes away?
Michael's answer
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Answered on September 09, 2015
Yes I concur. You can certainly challenge it, but you will have to prove by a preponderance of the evidence (more likely than not) that she was...
Archived
Is it normal for the trustees attorney to request my SS# to file tax papers before I receive an accounting
Michael's answer
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Answered on September 09, 2015
It is ordinary and customary to seek this information before the filing of the Estate tax returns.
Archived
Fort Myers Beach, Florida widow legally living in deceased husbands condo
Michael's answer
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Answered on September 09, 2015
I concur. Best way to go is to meet with a Probate Attorney and have him or her review the Will and advise you as to what she is entitled to, and...
Archived
My father died in North Carolina with out a will in December. How do I get somethings from his wife who hates me.
Michael's answer
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Answered on September 09, 2015
I'm sorry for the loss of your Dad. He died without a Will - which is called being 'Intestate'. You'll want work with a Probate Lawyer who can...
What is a typical fee for Trust Administration?
Michael's answer
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Answered on September 09, 2015
I concur with James. Reasonable fees quoted.
Archived
If a caretaker has stolen over 250k dollars, criminal filed, how does it affect the taxes in probate
Michael's answer
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Answered on September 09, 2015
The answer is best found by consulting a CPA.
Archived
Do you need a social security number to set up a minor's settlement trust?
Michael's answer
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Answered on September 08, 2015
Obtain a Tax ID number from IRS.Gov.
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