Michael Leo Potter's Answers (5702)

Archived

Can I change the locks on my wife if I live in a house purchased by a trust, which she has no involvement in.

Michael's answer | Answered on May 23, 2016

How can a Trust direct you to do anything. You are after all presumably the Trustee if you set up the Trust. However if you spent community...

Archived

Does owning an asset held in a Trust make people think "deep pockets" and thus encourage people to file frivolous lawsuits?

Michael's answer | Answered on May 23, 2016

There are several different kind of Trusts. Using a trust to avoid probate costs and conservatorship is an excellent estate planning method but...

Archived

Since she used her mothers money to pay her final expenses can she legally be reimbursed from the estate?

Michael's answer | Answered on May 22, 2016

I'm sorry to learn of your situation. This is a classic example of why Estate Planning should be undertaken by every adult - whether in the form...

Archived

How do i go about get the information needed about my father in whom is currently mentally unstable?

Michael's answer | Answered on May 22, 2016

It sounds as though you may need to pursue a Legal Guardianship. I'd recommend a one-on-one in-person consultation with an Estate Planning...

Archived

How can a beneficiary of a living trust be distributed monthly installments and not be an income beneficiary or a remainderman?

Michael's answer | Answered on May 22, 2016

First of all, this is too important to be a do-it-yourself undertaking. Second - It can't corrected or fixed after your death - when it then...

Archived

What do I need to do as a widow to a trust beneficciary

Michael's answer | Answered on May 22, 2016

I'm sorry for your loss. A review of the Trust document is needed to clarify this. Have your attorney get directly involved here by contacting the...

Archived

How get get their trust fund,

Michael's answer | Answered on May 22, 2016

Definitely sit down with a Family Law attorney to sort this out. See Avvo.com under 'Find-a-Lawyer'.

Archived

What forms do I fill out to file a petition with the probate court asking it assume jurisdiction over a trust?

Michael's answer | Answered on May 22, 2016

As usual, Dara's assessment is correct. You'll need to prove up the allegations as to her competence. Work with an experienced Probate / Estate...

Archived

How do I, as primary co trustee, Nevada resident, transfer the real property to the named beneficiary?

Michael's answer | Answered on May 22, 2016

I concur. A Heggstad Petition is appropriate.

Archived

Do I have a right to see the changes to the trust? What are my rights as beneficiary? Does that lawyer also represent me?

Michael's answer | Answered on May 22, 2016

As a beneficiary you're entitled to see a copy of the Trust (and any Amendments). However, if the Grantor has changed the arrangement of Trustees...

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