Does a revocable trust have to be updated?
Ideally, the Trust should be updated to reflect the current information. This update can be done with a simple amending of the Trust, and is...
Beverly Hills, CA
Estate planning Lawyer at Beverly Hills, CA
Practice Areas: Estate Planning, Real Estate, Business
Ideally, the Trust should be updated to reflect the current information. This update can be done with a simple amending of the Trust, and is...
Unfortunately, you will not be able to prevent your cousins from challenging your uncles wishes. However, your uncle can leave his estate to anyone...
By removing an asset outside of the client's estate, an Irrevocable Trust is used for asset protection and federal estate tax reduction purposes....
I'm sorry you are dealing with this. Although important information is missing from the scenario you described, you should immediately seek an...
The power of attorney granting your daughter the power to act on your behalf related to your business affairs in California is revocable. I agree...
I appreciate the difficult position you find yourself in. The best course of action is to retain the services of an independent licensed fiduciary...
I agree with my colleague above. The property has been sold and you do not have a written lease agreement for your tenancy. As such, unless you can...
I applaud you for thinking ahead to plan for your partner after your passing. As my colleague above has advised, effective as of January 1, 2020,...
A properly prepared trust by an estate planning attorney would have included at minimum of a power of attorney in the event of your parents'...
My colleagues have offered you good legal advice. As the sole beneficiary, you may serve as successor trustee. Good luck.