Archived
Not clear about taxation when a revocable trust become irrevocable. When 39.6% tax for trust income > $12,150 apply.
Armen's answer
|
Answered on August 04, 2015
You are correct. Upon your death (assuming no surviving spouse who is also a settlor of the Trust) your Trust will become irrevocable. Your...
Archived
If a beneficiary in a trust is deceased is it automatically passed to the heirs or does it have to be specifically written?
Armen's answer
|
Answered on May 15, 2015
The answer depends on the terms of the Trust. Although it does not specifically address a deceased beneficiary, the Trust should have provisions...
Archived
3 Revocable Trust questions - State of California. Los Angeles County.
Armen's answer
|
Answered on May 15, 2015
I agree with Attorney Deymude completely.
Only add that, in response to your question #1, in addition to the inherent conflict of interest, the...
How do I kick my niece of my mothers house?
Armen's answer
|
Answered on May 13, 2015
To put simply, if this is your mother's house and she does not want to evict her granddaughter, you have no legal right to do so.
If, however,...
Archived
Is Real estate in a revocable living trust safe from personal legal actions, such as civil suits, and or Government actions?
Armen's answer
|
Answered on May 09, 2015
No. Assets in a revocable trust are not protected from the creditors of the person who created the trust.
There are many issues with creating...
Archived
I have a grant deed in Cali that states A and B as community property. Does this avoid probate?
Armen's answer
|
Answered on May 08, 2015
No. Do A and B have wills? If so, to whom do A and B give their interest in the property to?
If no Will, a Spousal Property Petition may be...
Archived
Trust administration question
Armen's answer
|
Answered on May 07, 2015
Sorry for your loss.
This is no problem. You can submit an Affidavit of death for each of them. Or instead you can use the form: Affidavit of...
Archived
On what basis can you have a conservetor removed or dismissed in CA
Armen's answer
|
Answered on May 07, 2015
There are several reasons for which a conservator may be removed. These are listed under California Probate Code 2650. Among them are: failure to...
Archived
How do I create a will?
Armen's answer
|
Answered on May 07, 2015
California Probate Code section 6240 provides information on California Statutory Wills.
However, there are many things to consider in creating...
Archived
How do I remove my fathers spouses name from a deed? She has dementia. My father is inacapitated and dying, I have a POA.
Armen's answer
|
Answered on May 07, 2015
You must also consider whether your stepmother has any ownership interest in the house. You say they have been married for 20 years. During that...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained