Can a life time right be passed to someone else, by the one that holds the right?
The person who GRANTED the Lifetime Estate is the key. Once you niece dies - the right is extinguished. I recommend a sit-down w/an Estate...
Las Vegas, NV
Trusts Lawyer at Las Vegas, NV
Practice Areas: Trusts, Estate Planning ... +2 more
The person who GRANTED the Lifetime Estate is the key. Once you niece dies - the right is extinguished. I recommend a sit-down w/an Estate...
It is not required but strategically it's a wise move - so that the 'Pour-Over Will' acts as a 'Safety Net'.
I'm so sorry to hear about your Mother's troubles. This case of yours is a classic example of why Elder Law & Estate Planning attorneys urge...
If competent the Grantor can always execute a NEW durable power of attorney.
If your Mother is medically competent she can. Good Luck.
The answer is YES. At your death the funds in each IRA will go to the Beneficiary listed for the IRA Account. Work with the IRA Custodian to make...
Okay. Trustees administer Trusts without Probate. Wills are administered by the named Executor - with the supervision of the Probate Court. Time...
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Beneficiary Designations trump what the Will says. So if there are 3 Beneficiaries (primary) to the IRA, they will each get one-third. Sorry to...
Yes - if she gives you what's called a "Life Estate" formally in writing within her Estate Planning documents. See Avvo.Com click on...
With precision, you're referring to what's called a "Testamentary Trust". You'll want to work with an experienced Estate Planning lawyer to 'get it...