When the trustee is asked for an accounting, and she refuses, does the attorney who drew up the trust have to produce it?
Layne's answer
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Answered on October 27, 2011
Ultimately, it is the trustee's responsibility to provide a copy of the trust and to account for the trust assets. The attorney who drafted the...
Can a trustee live, rent free, in a trust property claiming their right to do so is to be payment for their services?
Layne's answer
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Answered on October 24, 2011
If a trustee is entitled to "reasonable compensation" under the trust instrument, the key question -- as you have already concluded -- is whether...
For assets under 500,000., Is a will or Trust best? What is the level of assets you can have without going through probate?
Layne's answer
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Answered on October 03, 2011
GENERALLY: Your net worth is not the key factor in determining whether or not to have a trust. I recommend a trust in most cases, but it is a...
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Archived
Can a home be put in the name of a minor?
Layne's answer
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Answered on September 12, 2011
Title can be placed in the name of a minor, but it will require a guardianship proceeding and a court order to sell, mortgage, or otherwise deal...
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