When Article reads : Income generated by the Trust Property shall be payable AS IN income to the Trustor" What does that mean?
Stephen's answer
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Answered on December 06, 2023
You and any other beneficiaries to the trust, need to retain an estates litigation attorney and file suit asap
against the trustee. Assuming the...
What kind of lawyer do I need? What State do I file in Nevada or Calif??
Stephen's answer
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Answered on December 06, 2023
You will need either a debtor-creditor litigation attorney or a contracts litigation attorney to file suit.
If the loan agreement was entered...
How to proceed if a beneficiary of a trust is non-responsive to a distribution request?
Stephen's answer
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Answered on December 05, 2023
You will need to give written Notice sent certified to the non responsive beneficiary and that if you, the trustee do not hear from that...
How do I transfer my ownership to a LLC? Do I still have the same rights as owner afterwards, such as demanding rents?
Stephen's answer
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Answered on December 05, 2023
You really have not provided enough information to answer your question. If you haven't yet, hire a business attorney who handles legal entity...
Compensation for maintaining a property
Stephen's answer
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Answered on December 05, 2023
Absent a contract with the trustee there is no $ amount assigned to your services for compensation. You may be entitled however to "unjust...
Do I need a power of attorney to become the successor trustee from the original trustee in a living trust ?
Stephen's answer
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Answered on December 04, 2023
Is the Grantor who made the trust still alive? The reason is you have go by what the trust specifies. Normally the maker of the trust, also has...
Can a BOD sell a corporation’s real estate by bypassing the shareholders agreement with an asset sale instead of shares?
Stephen's answer
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Answered on December 03, 2023
I agree with attorney Doland. The shareholders' agreement and the bylaws will be the key in your case. You will need to have the documents reviewed...
What is the easiest way to remove myself as co-trustee from a family living trust, due to divorce?
Stephen's answer
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Answered on December 01, 2023
You should discuss this with your divorce attorney first, but basically you can send written notice to the the person who created the trust (and if...
Can i just make a new trust?
Stephen's answer
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Answered on November 29, 2023
If you have reason to believe there are no copies floating around after the original was destroyed, yes a new one can be drawn. The wording however...
Should I sue the trustee of an estate if I haven't received my monies as stated in the trust?
Stephen's answer
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Answered on November 28, 2023
You need to hire ASAP an estates litigation attorney to go over your options and if need be, file a court action on your behalf to smoke out what...
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