I am the trustee of a trust the settlor is decease and I'm looking for a Trust accountant in the Los Angeles area.

I can highly reccomend Richard H Ohara and Company, 503 West Palm Drive, Placentia, Ca 714 572 9787. They are extremely knowledgable in this area.

Unfortunately this is a very common occurance. Since the trust required the diivision, failure to do so is a breach of the fiduciary duty of the...

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Confusion between 5 mil exemption and annual 13,000 limit to avoid estate taxes

The above answer is absolutely correct. You may be interested, however, in the fact that the $5,000,000 gift exemption is both new and temporary....

Probate property with reverse mortgage.

You probably can't ge treimbursed. You may want to contact the lender and negotiate a sale vehicle with them. It is doubtful that they want to end...

Does my mom need to file a tax return for dad's B trust?

I agree. Maybe. Keep in mind that if the B trust (which I assume is the exempt trust) holds only a 50% interest in real estate which is not income...

Does my mom need to file a tax return for dad's B trust?

I agree. Maybe. Keep in mind that if the B trust (which I assume is the exempt trust) holds only a 50% interest in real estate which is not income...

I am the trustee for my recently deceased mothers trust.All her assests are in 1 account. How do I liquidate the account?

We need to know what you mean by one trust account. Did your mother sign a living trust that directs where the funds go? If so the title to the...

Inheritance from someone who has reverse mortage

You should look at this as no different than receiving any piece of real estate that is encumbered by a mortgage. In a reverse mortgage, the...

My brother has turned my father against me, he is telling my father who is 82 with dementia that I am stealing money from him.

Unless your father has created a living trust or executed a power of attorney, I agree that a conservatorship is likely the proper process. I have...

Your attorney can be your trustee or executor. A trustee manages a living trust. An executor administers a probate estate. If your attorney has...