Joint Revocable living trust
The non incapacitated spouse in essence acts as the "successor trustee" to the estate when the incapacitated spouse is declared incapacitated. The...
Los Angeles, CA
Trusts Lawyer at Los Angeles, CA
Practice Areas: Trusts, Limited Liability Company (LLC)
The non incapacitated spouse in essence acts as the "successor trustee" to the estate when the incapacitated spouse is declared incapacitated. The...
Any way you slice it, this is a situation ripe for court. A judge will have to make the determination of whether contingent beneficiaries are...
Impossible to answer without reviewing the trust. In your question you say: " they stated that I was going to be transferred one of their houses."...
She can try to negotiate with you or pursue it in court IF she was named by your dad on the life insurance, the 401k and the checking account IF it...
I agree with attorney Straus, you are entitled to a copy of the Trust. And if your uncle as Successor Trustee is not providing you with a copy you...
The executor is only given the authority to act pursuant to the decedent's Will not the Trust. The Trust is managed by the Successor Trustee after...
I would recommend forming two LLCs and keeping them separate as you indicated. That means you need to keep separate books and records for each...
Yes, you can have a California trust hold title to the property without actually residing in California. Make sure the attorney who drafts it for...
My understanding is that there is no double step in basis regardless of how the property is titled. In community property states like California,...
I agree with prior counsel's comments. If you do decide to set up your own LLC make sure you use only your separate money sources for setting up...