No. Cited terms, by themselves do not create a conflict of interest. Both co-trustee have fiduciary duty to act in best interest of all...

Need a lawyer now

Yes. You need assistance. Immediately consult criminal defense counsel.

Does any of the aforementioned details present a problem for either my uncle or grandchildren or benefit either of the 2?

If GM properly transferred the property to the trust during her lifetime, the trust terms control all beneficiaries rights in the property. Legal...

Can she apply for another exemption when her mother passes away? When the other 99% of the primary residence is transferred.

Yes. Reassessment exclusion available to transferee when transferred from parent to child.

Why do reverse-mortgage-companies give a successor-trustee a 30-day extension of time when they file bankruptcy? Thank you.

When BK filed, the court issues an automatic stay which stops debt certain collection activity, including pending foreclosures. You may/not be...

What, if any, rights do I have and how can I protect them when it's my understanding my Dad didn't protect me?

As beneficiary ot trust, you are entitled to an accounting. Both co-trustees share the duty to provide you with an accounting. Retain your own...

What type of document that I can have made, which is recognized in all states and can't be changed but my wife and I can change?

Several options available to you.You may set up and fund a Revocable Living Trust. You may establish terms of trust which make it irevocable in...

Do I need to involve an attorney?

Yes. I recommend you review the trust with your own attorney. Check trust to determine whether it provides for your children if you pre-decease...

I am told the Living Trust is not valid since none of the accounts were changed to be under the trust.

For trust to be valid, it must contain some assets. Process of placing assets into trust is referred to as funding the trust. Funding is not...

A reverse mortgage is treated like any other mortgage when going through a bankruptcy proceeding . The main focus when dealing with real property...