Archived
I am a beneficiary of my grandmother's trust, the current trustee is going to distribute my share in a new trust.
Michael's answer
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Answered on June 26, 2014
Definitely sit down with an Estate Planning attorney to discuss this. Take any pertinent documents you have. See 'Find-A-Lawyer' at the top of this...
Archived
Any tips on finding international multi-lingual assesst protection attorney?
Michael's answer
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Answered on June 26, 2014
In perusing the Website of law firms you're considering look for notations of languages spoken. Also remember that many International Trustees &...
How do I remove the trustee from an irrevocable trust?
Michael's answer
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Answered on June 26, 2014
Have a Trust attorney draft the documents needed. Hopefully you won't have to get the Court involved. The letter asking the Trustee to resign...
Archived
How do i get my share of the estate or trust?
Michael's answer
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Answered on June 26, 2014
If you're a Beneficiary, then by all means have your Attorney file a Motion to Compel a Complete Fiduciary Accounting, and for Replacement of...
What type of attorney is best to file a petition for removal of Successor Trustee? Is Trust litigation experience a necessity?
Michael's answer
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Answered on June 26, 2014
You'll want to have your Attorney file a Motion to Compel a Complete Fiduciary Accounting and a Motion to Replace the Trustee, and also ask for an...
Is a Personal Asset Trust and an IRA Inheritance Trust better than a "normal" trust for estate planning?
Michael's answer
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Answered on June 26, 2014
Sit down with a Massachusetts-licensed Estate Planning attorney to discuss this. See 'Find-A-Lawyer' at the top of this page.
Can a beneficiary in New York sue on behalf of a trust? Or, does he have to go through the trustee?
Michael's answer
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Answered on June 26, 2014
You cannot act on behalf of the Trust. That is what the Trustee is for. If you like, you can pay your attorney to work for the Trustee.
Archived
As part of her will my deceased mother established a life interest in her home for her ex-husband with ownership passing
Michael's answer
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Answered on June 26, 2014
Time to sit down with an Estate attorney in NY. Take any documentation you have with you for review and discussion. Best of Luck.
Archived
Irrevocable trust bank fees
Michael's answer
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Answered on June 26, 2014
Did you expect a professional fiduciary to take on the liability risk and service function without payment? Family members or best friends often...
Archived
Is self-dealing when a Co-Trustee/Executor of a trust, loans themselves and their company $ w/o the beneficiaries knowledge?
Michael's answer
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Answered on June 25, 2014
YES. A trustee has a Fiduciary Duty of Loyalty to the Beneficiaries, not to himself or herself. Any transaction that even 'smells' like...
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