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3/9/2016-- 1. I need a template of how to petition Santa Barbra Probate Court for a Render of Accounting form Trustee.
James's answer
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Answered on March 10, 2016
You describe a petition to compel accounting and other relief.
No template exists. There is no court "form" for this purpose.
Pleading including...
Archived
How do I distribute the assets from an irrevocable trust and close the trust itself?
James's answer
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Answered on March 10, 2016
Depending on terms of trust and distribution instructions, this may be fairly simple.
Court involvement not likely to be necessary.
However,...
Archived
As beneficiary to an irrevocable trust can I re-title my home to the trust as an asset protection device
James's answer
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Answered on March 10, 2016
Probably not. Much depends on what type beneficiary class you are in.
Re-titling your home into a self-directed trust usually provides little or...
Archived
Can I sell my share of said trust to be free of this situation?
James's answer
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Answered on March 10, 2016
Maybe. Generally, you do have right to disclaim your interest.
However, ability to sell interest in particular trust depends on several factors...
Archived
My brother and sister are trying to steal my inheretance.
James's answer
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Answered on March 10, 2016
You appear to be confused on may issues. Too many issues and too little information provided to opine.
Review with trust counsel.
Is the refunding agreement legit and will I still get my money if I don't sign or can they legally take it?
James's answer
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Answered on March 10, 2016
Each clause has independent legal significance.
1. waiver of formal account
By signing you agree that you are not now, and can never demand they...
Archived
In the petition it says decedent was survived by next of kin of the decedent. Does the sister count as next of kin?
James's answer
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Answered on March 09, 2016
Yes. Sister is next of kin. California intestate distribution priority includes surviving spouse and child over sister.
Archived
Regarding an RMD from an IRA for deceased which was written before but received after their death: is the check a probate asset?
James's answer
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Answered on March 09, 2016
RMD described belongs to estate. RMD is a probate estate asset.
Archived
Can someone tell me about how long it should take to have an executor appointed by the court? (Texas)
James's answer
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Answered on March 09, 2016
Time period for court to hold hearing to appoint executor varies, depending on court calendars and workload.
Having said that, five months may/not...
Archived
Can a mutual fund be preserved while being inherited by an estate?
James's answer
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Answered on March 09, 2016
Yes. Mutual fund may be transferred from H to W account through probate or beneficiary designation.
Yes. Mutual fund may be transferred from...
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