Archived
I would like to set up a firearms trust that contains NFA firearms. How difficult is it to get BATF approval?
Michael's answer
|
Answered on April 11, 2016
While none of the Attorneys in this forum are allowed to directly seek your work there are a number of us in Estate Planning who prepare NFA...
Archived
Does a Gift of Deed that names specific names of the Grantees family, make those all have to be included in the Grantees will?
Michael's answer
|
Answered on April 11, 2016
To be safe, have both documents reviewed by a licensed experienced Estate Planning attorney in a private one-on-one meeting. Then listen carefully...
Selected as the best answer
Archived
My question is that if my Dad passes away, will my sister and I have a problem disposing of the Florida property?
Michael's answer
|
Answered on April 10, 2016
Revocable Living Trusts (RLTs) that are prepared by a cllient's attorney in their home state can certainly own real estate in any state of the...
Archived
What kind of charges can be filed against her?
Is this considered fraud?
Michael's answer
|
Answered on April 09, 2016
Have an Estate Planning attorney contact the IRA management firm with a demand letter as to proof of her withdrawal identity. Then add a claim for...
Archived
Why do I have to fill out form for taxes on my mother's living trust
Michael's answer
|
Answered on April 09, 2016
Both James & Joseph gave correct answers. The step-up in basis occurs at the death of the Grantor, and later can be used to minimize capital gains...
Can I set up the ILIT with my adult son as beneficiary&trustee and have the insurance proceeds not be considered part of estate?
Michael's answer
|
Answered on April 09, 2016
Vivian is correct. To avoid these potential control complications, if the client-grantor who is also the insured wishes, I've used (a) a Bank or...
Archived
What more is needed for a winning case?
Michael's answer
|
Answered on April 09, 2016
First of all, you need a licensed legal professional to guide you on this journey. Second if you are going to allege 'undue influence' be ready to...
Archived
How to handle reverse mortgage so father can live in a care facility?
Michael's answer
|
Answered on April 08, 2016
Jeannette and Jim both give excellent answers. As John Wayne once said 'Timing is the Difference between a Hero and a Fool", and when it comes to...
Archived
How do I change a trustee on an irrevocable trust?
Michael's answer
|
Answered on April 08, 2016
To be honest, irrevocable trusts CAN be problematic. But if your state has a 'Decanting' statute, I'd look into taking advantage of it. Sit down...
Archived
What doc can I get to do what have to do all the important stuff
Michael's answer
|
Answered on April 08, 2016
Already have it - the Powers of the Trustee are what you need to read over. If the powers written do not cover the things you are concerned about,...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained