Archived
How can I get my mothers home back into all 3 of her children's names. After her youngest child fraudulently put it in her name.
Michael's answer
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Answered on August 21, 2018
Sorry that your family is going through such a strenuous situation. The title must be 'cleared' and a 'clear title' action is probably the option...
Is a beneficiary subject to California landlord tenant laws ?
Michael's answer
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Answered on August 21, 2018
Yes as Trustee you must obtain a Fair Market Rent from the tenant, since you owe a Fiduciary Duty to the Trust.
Archived
What are the rules for inheritance of land without a will between siblings?
Michael's answer
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Answered on August 21, 2018
Given the time that has passed and the confusion over the ownership, I'd recommend you sit down in person with a Texas attorney. Use the...
Archived
How do we sell burial plots that have gone un used?
Michael's answer
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Answered on August 21, 2018
It depends on HOW the ownership is held and in whose names. If the Trust is the legal owner of the plots, the Successor Trustee can arrange a sale...
Archived
Can I invest in a mutual fund that can only be accessed by my newborn nephew after he is accepted by a college or reaches an
Michael's answer
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Answered on August 21, 2018
You'd be well-advised to consider using a Trust. However, given the parameters you've mentioned I'd recommend a wide-range discussion with a...
Archived
Must a Florida irrevocable trust include the word "irrevocable" in the title?
Michael's answer
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Answered on August 21, 2018
A Revocable Trust becomes Irrevocable once the Grantor is deceased. Having the word 'Irrevocable' in the name or title is not a requirement.
Archived
My sister passed away on 5/17/17 Should we hire an attorney to help,her life insurance has still not been paid.
Michael's answer
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Answered on August 21, 2018
The only reason for delay in paying a death claim is if there is some doubt over the cause or manner of death or is foul play is suspected. Have...
Shall a trust have a clause- children have prenuptial agreement to protect assets in the event they get divorced ?
Michael's answer
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Answered on August 21, 2018
I often include a clause which simply says that the inheritance shall explicitly be the 'separate property' of any beneficiary that is married -...
Archived
How to remove my nephew from my mother's home. I am executor of her estate.
Michael's answer
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Answered on August 20, 2018
Have the Attorney who is helping you with the Estate in Probate get involved. Most likely you'll need to initiate an Eviction process so that the...
Archived
How do I secure my assets so that my children can inherit with minimum cost and inconvenience to them?
Michael's answer
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Answered on August 20, 2018
You can avoid the cost and delay of Probate through the use of a Revocable Living Trust. I'd recommend you sit down in person with a Trust attorney...
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