Is it legal for a executor or executrix To also be a beneficiary of an estate

Yes, it is legal. However, the executor (for a will), trustee for a trust has a duty to work for the benefit of all beneficiaries. How did you...

Do I have a problem when I have a criminal record and need to do background check with alcohol license?

It depends on whether the ABC can get the police reports. The police reports will list the charge, and if that charge is prostitution, that is a...

Is there no justice in family court for my child how old does he have to be to speak for himself

The age of 14 is the magic age. At that age the judge will give major deference to your child's custodial preference. If he/she is under that...

There are a lot of facts that need to be determined to give you an appropriate answer. Was the original trust an optional or directed tax planning...

The main purpose of a land trust is for anonymity. However, be advised that California does NOT have statutes in place for land trusts, which...

What is estate planning attorney? Why it is needed?

An estate planning attorney is an attorney that will help you to create testamentary documentation so that you can pass on your estate to your...

How do I setup a trust to hold property title if I am planning for renovation and resale?

If all you are planning on doing is to flip houses, with no tenants in the premises, you can set up an LLC as an S-corp so that you avoid double...

I hava a question regarding tax implications with a trust.

Yes, there are going to some tax issues because you are transferring property between a trust and beneficiary then back to the trust. Usually...

Your grandfather can leave his estate to whomever he wishes. There are no laws that dictate to whom and how much he leaves. If he is now...

Can I change just the name of an existing living trust without disturbing the assets and the terms of the existing trust?

If you do decide to change the name of your living trust, you will have to re-title assets into the new name. Remember, it is the trust that owns...