Your existing trust would have to be reviewed to answer the question. Because your trust is still in the ABC format it was probably done some years...

I agree with attorney Elkins. I have been through the exercise at least 1000 times with clients who have loans on a property they are seeking to...

You ask many questions. Its really not about "estates" and "LLCs", its about the source of the funds used to purchase the property? If you use...

Well, for the moment, we are still a "free country" so you can't stop him from backing out. Your only recourse if he does, is to take him to court.

A very interesting question indeed. First of all it is unclear from your facts whether there is even a force majeure clause in your agreement? If...

What should I pick, LLC or Corporation?

I agree with attorney Doland, but would just add that an LLC is in my opinion is more flexible and easier to operate especially for one person....

I agree with attorney Foster. As far as any consideration which you claim is due you, I don't see anything in the facts as stated, that you are...

Is the pandemic a reason to postpone the sale of trust property when trustee and beneficiary are living in home (rent free)?

If your brothers are not being cooperative at this time, you can give them written notice to the effect that you are not waiving any of your rights...

I agree with all participating counsel's comments. I think you are too hung up on the right of survivorship issue which does not even exist in the...

I agree with attorney Koslyn except as to LLCs not being the "vehicle of choice". They are a far more flexible entity of choice compared to a...