Can the trustee appointment themselves? Who should be the GPOA of the Trustee? How should this read?
James's answer
|
Answered on February 04, 2016
Impossible to opine on cited language out of context of the entire trust instrument and goals of parties.
I can see certain situations in which...
Archived
Should someone incarcerated give power of attorney to a sister he doesn't trust so that she can have assets transferred to her?
James's answer
|
Answered on February 04, 2016
No. Principal should not appoint an agent he does not trust.
Archived
Can we write a statement of cancellation of the trust. Do we need to have it notorized or just witnessed?
James's answer
|
Answered on February 04, 2016
Not a good idea. You need to do more than simply write a "statement of cancellation of the trust".
If properly set up and funded, your trust...
Archived
Will the cost basis of our assets be fully stepped up when each of us dies or must we forgo the A/B split?
James's answer
|
Answered on February 04, 2016
Not enough information provided to definitively answer question.
Archived
Is it too late to fight for alimony since my divorce papers are in and, would I be eligible since I separated before the 5 yrs
James's answer
|
Answered on February 04, 2016
No. Not too late.
If Judgment not entered, you may have time to petition for spousal support.
Archived
What actions may we heirs take to expedite settlement of uncle's estate? It's been 18 years.
James's answer
|
Answered on February 04, 2016
Eighteen year delay is very long time. Time period alone raises concerns.
First thing to do is investigate reason(s) for delay.
You should...
Can we change our A/B trust to a simple trust with an amendment or do we need to revoke it and create a new trust?
James's answer
|
Answered on February 04, 2016
Not sure what you mean by "simple trust"?
I recommend you consult with EP counsel before attempting such a change without professional assistance.
Archived
If I need a Probate Lawyer can you recommend one in the Conroe/ Montgomery, TX. Area
James's answer
|
Answered on February 04, 2016
Personal referrals are best. If none available, you may wish to try Avvo referral resources.
Archived
What does, "Third assignment of beneficial interest in decedents estate" mean?
James's answer
|
Answered on February 04, 2016
Language you refer to: "Third assignment of beneficial interest in decedents estate" usually means a beneficiary has assigned their interest in the...
Archived
When does a probated will go into effect?
James's answer
|
Answered on February 04, 2016
Will goes into effect after probate judge admits it to probate and any objections have been resolved.
