Very often, a Trustee of a trust is also a beneficiary. By resigning as a Trustee you are not affecting your beneficiary status. Read the Trust....

Is there a lawyer if a professional fiduciary administers an estate?

A professional fiduciary must be represented by an attorney. They cannot represent themselves.

Do I have any legal rights for a property which I was in joint tenancy and it was broken without my knowledge,leaving only one

Any joint tenant may sever the joint tenancy at any time. But you do not lose your interest in the property. You are now a tenant in common with...

In a trust whoever I name as beneficiary, does that to person need to be contacted when the trust is finalized?

You do not need to let any of your beneficiaries know that you have set up a trust or that they are named as your beneficiaries.

Does it matter if we keep the title of the inherited home in the name of the Trust or into our Names?

You must look to the terms of the Trust regarding distribution of the Trust assets. Unless the trust terms state otherwise, a trust cannot...

Can I set up a discretionary trust for a relative that has inherited a large sum of money but refuses to cash the checks?

You will need to set up a First party Special Needs Trust. This requires filing a petition in the probate Court and asking the Court to set up the...

Yes, you can transfer mortgaged property into your Trust. You hold title to your property and the bank/lender only has a lien on the property...

In creating a Trust is it mandatory to change Joint Tenancy to Tenants in Common in order to leave your portion to children?

I agree with the previous answer that the joint tenancy must be severed and the ownership changed to tenants in common. This way, your brother can...

Can a trust beneficiary succeed disputing an amended trust done so, 6yrs.ago?

As trustee, you are required to notify them in writing of the trust becoming irrevocable and you becoming trustee due to your mother's death. They...

Confused

The Will determines who gets what. If I understand your post correctly, the Will gives the rest, residue and remainder to the Executor? The...