Archived
Would like to know what my rights are in reguards to my fathers will and trust. I have a half sister and not my fathers daughter
Michael's answer
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Answered on March 05, 2015
If you are a beneficiary you have a right to see the Trust and the Will. Have the Trustee give a copy to you. If you need to, hire an attorney to...
Archived
If no successor trustee is appointed and the assets paid out to the beneficiaries does the trust continue to exist?
Michael's answer
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Answered on March 03, 2015
If the Trust assets have been properly distributed to the beneficiaries in accordance with the Grantors' wishes, then the Trustee has complied with...
Archived
What do we do with contents of the house while selling if we can't release anything for 120 days
Michael's answer
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Answered on February 27, 2015
If the house in owned by a Living Trust, the Trustee can distribute according to the Trust instructions. If not, then follow the Probate Court...
Archived
I know someone that created a Special Needs Trust they do not plan to disburse to the beneificiary. Is this legal in the US?
Michael's answer
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Answered on February 26, 2015
The trustee is under a fiduciary obligation to disburse ONLY to the beneficiary. It is illegal to do otherwise.
In New Mexico with a "Joint Tenancy" type of ownership must the words "WITH RIGHT OF SURVIVORSHIP" be include or is this implici
Michael's answer
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Answered on February 26, 2015
Sean is correct. The case law is clear. Good Luck.
Does a registered financial advisor have a duty to inform a beneficiary of an IRA ?
Michael's answer
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Answered on February 26, 2015
Carol's answer is correct and specific. You may want to consult an Estate Planning attorney. See Avvo.com under Find-a-Lawyer and find an...
Archived
I sold half interest in my house by means of a quit claim deed, will forming an LLC protect me if the other guy dies??
Michael's answer
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Answered on February 26, 2015
Your wises course of action is to take the paperwork with you and sit down for a private consultation with an Estate Planning attorney. See...
Archived
Re Guardianship Probate and "Final Report/Termination of Guardianship by Guardian of an adult ward/estate
Michael's answer
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Answered on February 26, 2015
Attorney Haber's answer is correct.
Archived
Can a living trusts co-own a property with right of survivorship?
Michael's answer
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Answered on February 26, 2015
Dawn's answer is correct. The right of survivorship goes to a Joint Tenancy which involves two or more natural persons. A trust is a legal person.
Archived
Trust Fund money awarded to fathers Girlfriend
Michael's answer
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Answered on February 26, 2015
You are not obligated UNLESS the Trust specifies.
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