Can a trustee sell property within a trust, inherited by two family members without obtaining each one’s permission?
Michael's answer
|
Answered on July 20, 2014
Trustees owe a fiduciary duty to the Beneficiaries. If the Trust gives the Trustee power of sale, then he or she can do so - but it is often wise...
Archived
Money goes into trust and added to existing funds after sister buys mothers house from trust. Funds are being split three ways.
Michael's answer
|
Answered on July 20, 2014
I concur with my colleagues & urge you to have a sit-down with an Estate Planning attorney to review the terms and discuss the best options going...
Archived
How can I make the trustee release my settlement of an estate which was liquidated in February 2014?
Michael's answer
|
Answered on July 20, 2014
A Trustee is a Fiduciary and has a Duty of Loyalty to the Beneficiaries. Set a deadline for distribution or set a Motion before the Court.
Archived
For opening an estate account, will any banks accept from an executor a properly witnessed and notarized will...
Michael's answer
|
Answered on July 20, 2014
They will Letters Testamentary (appointment by the Probate Court) which certify that YOU are the Executor (confirmed by the Court) and that you...
Archived
Article in Trust document states "Trustee may resign by written notice." and appoint new successor trustee.
Michael's answer
|
Answered on July 20, 2014
Take the documents and sit down with a Trust attorney in the same jurisdiction to review & discuss. See 'Find-A-Lawyer' at the top of this page.
Archived
Can I sue my daughter for repayment of money she cashed for herself under power of attorney?
Michael's answer
|
Answered on July 20, 2014
Most certainly - if she violated the terms of the PoA by enriching herself and violating her Fiduciary Duty to ONLY act for your benefit. I'd say a...
Archived
Will my daughter and her husband be responsible for my credit card debts through the estate trust?
Michael's answer
|
Answered on July 20, 2014
High probability that credit card debts will be liquidated through asset sale.
Archived
In Utah, can real estate owned by an individual be transferred by will without a trust?
Michael's answer
|
Answered on July 19, 2014
Yes but only after death and only after Probate. You can avoid the whole mess by having the property owned inside your Living Trust. Sit down with...
Archived
Not divorced yet, but Mom has me as sole person to inherit her estate, can my wife (to be x) claim any of my inheritance?
Michael's answer
|
Answered on July 19, 2014
You are living in a Community Property state. You inheritance would be considered Separately Property unless it is deposited into a joint account...
Archived
Do I need a lawyer to be my husband's legal guardian?
Michael's answer
|
Answered on July 19, 2014
If you & your husband have done good Estate Planning already, this may be already taken care of by a Health Care Power of Attorney. If you don't...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained