Archived
Family Member passed away in January 2014. Trustee misrepresented himself as executor until May 2014. What action can be taken?
Michael's answer
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Answered on August 21, 2014
A Trustee is a Fiduciary. That means he or she has a 'higher standard of care' relative to other people's money. A trustee has a fiduciary duty of...
Archived
Do I need to add my kids to my life ins. policy my wife is bene of, or will it go to them if I put the policy in my trust?
Michael's answer
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Answered on August 20, 2014
Lawrence is correct. First beneficiary of the policy should be the a Trust.
Archived
Another family memberis a notorized letter good to add you to a will to share evenly
Michael's answer
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Answered on August 20, 2014
No it doesn't work that way. A letter is not a properly executed will. Sit down with an Estate Planning attorney. See Avvo.com and click on...
Archived
What are my rights as a 50% heir to my mother's estate?
Michael's answer
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Answered on August 20, 2014
You are already represented by Counsel.
Archived
My sister is Trustee of my parent's living trust. She paid her family $10,000 in labor to prepare my parent's house for sale.
Michael's answer
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Answered on August 20, 2014
If you are beneficiaries of the parents' Living Trust then YES you absolutely have a right. The trustee is a fiduciary who has a duty of loyalty to...
Archived
On my dad's death bed, he signed his investment portfolio over to an IRA in my step-mom's name.
Michael's answer
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Answered on August 20, 2014
Then his Will needs to be Probated so that the designated Executor can be confirmed by the Court and the instructions followed. IRAs and Life...
Archived
This has to do with a trust i was taken out of a trust given a loan and they put back in the trust there are 3 co-trustee gilber
Michael's answer
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Answered on August 20, 2014
Okay - there is a legal question in here somewhere. I just know it. But I can't discern exactly what your question is. Can you restate it so we...
Archived
Is it true that my siblings and I can be compensated for the care we are giving to our disabled mother?
Michael's answer
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Answered on August 20, 2014
I concur with my colleagues. And Ivett's specific guidance is very practice. Don't put the cart before the horse. You should work with a NJ Estate...
Archived
I received land and a home from my deceased partner , unfortunately I own half of both with her brother. Whatare my rights sell
Michael's answer
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Answered on August 20, 2014
Depending entirely on HOW title is held exactly a Partition Action would render it "split" and you could sell your half. See Avvo.Com & click on...
Archived
The trustee of my grandparents trust will not give me money from my reserve to buy a house.
Michael's answer
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Answered on August 20, 2014
You can Answer that your home purchase would fall under "maintenance and support". If need be ask your attorney to file a Motion to Replace the...
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