How long do proceeds from a trust get held by the bank.
Typically there is a period of time for creditor claims to be noticed. After that, the Trust is able to make distribution.
Las Vegas, NV
Trusts Lawyer at Las Vegas, NV
Practice Areas: Trusts, Estate Planning ... +2 more
Typically there is a period of time for creditor claims to be noticed. After that, the Trust is able to make distribution.
If the deed says that together you own the property 'with right of survivorship', then upon your mother's passing you will be the legal owner of...
I completely concur. State law governs this area so I'd consult with a local Elder Law attorney. See Avvo.com under the 'Find-a-Lawyer' tab. You'll...
I concur with Jason. Your father's mental capacity will determine the outcome to your question. He can sign a durable general power of attorney if...
Your best bet is to meet in person with a local Elder Law attorney. I concur that Medicaid may claim reimbursement rights for the monies, but more...
Jason is correct. Call the Elder Abuse hotline and also seek counsel. See Avvo.com under 'Find-a-Lawyer'. Good Luck on resolving this case.
Resend it to that beneficiary using certified mail after verifying the correct address. Good Luck.
I concur. Have your tax attorney or your accountant look over the pertinent documentation and advise you. See Avvo.com under 'Find-a-Lawyer'. Good...
Have your attorney file a Petition with the Court as a First Step. You may have a case based upon the Affidavits signed by lifelong friends etc....
James is absolutely right. Absent a mistake or circumstantial change, a valid beneficiary designation carries the day. Have your attorney review...