Archived
Non-pro rata trust leaves residence to 2 children: Can outside funds be used to title the property in 1 child w/o reassessment?
Lawrence's answer
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Answered on December 30, 2019
It's not clear what you mean by "outside funds", but typically speaking, if there is a non-pro rata clause and there are other trust assets...
When placing a property in a trust, is the property reappraised by the county & thus you pay more in property taxes?
Lawrence's answer
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Answered on December 23, 2019
Typically speaking, placing property in a revocable living or family trust is not a “change in ownership“ for the purposes of property tax...
What is the purpose of will or trust if 1 of the 2 beneficiary has to fight and pay an attorney to get what the will states.
Lawrence's answer
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Answered on December 12, 2019
Sorry about your situation, but your anger is misplaced... it’s you sisters fault you are going through this, not the trusts.... Trusts, wills,...
Archived
Are Heggstad petitions needed to protect oneself if property was already moved into a trust but right before someone died?
Lawrence's answer
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Answered on November 28, 2019
Heggstad petitions are used to have the Court declare assets that are not in trust as assets of a trust upon the showing sufficient evidence of the...
Can a trustee of an irrevocable trust compensate himself with shares of stock?
Lawrence's answer
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Answered on November 10, 2019
It’s not clear from your post that the trustee is taking 4% total, or 4% of the basis value of the stock, or 4% of the current value of the estate...
Archived
Is it better to have an attorney who specializes in Living Trust prepare your living trust?
Lawrence's answer
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Answered on November 07, 2019
So many ways to answer this...
Would it be better to go to a Honda mechanic or a Chevy mechanic if your Honda breaks down?
Would it be...
Must a mandated reporter report on a family member for neglect?
Lawrence's answer
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Answered on November 06, 2019
Generally speaking, the mandated reported must report abuse that he/she suspects or observes in his/her professional capacity. Meaning, just...
Archived
How do I force a 50/50 house to go on market?
Lawrence's answer
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Answered on October 25, 2019
You can find a local attorney and file a partition lawsuit. Good luck!
Archived
How do I transfer my mom’s house deed to my name?
Lawrence's answer
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Answered on October 21, 2019
Why would you do that? It is likely that the trust assets (ie the house) are you be used for the benefit of your mom during her life before you...
Do I sign, in front of a notary, a property deed transfer?
Lawrence's answer
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Answered on July 31, 2019
You should speak with an attorney as soon as possible. There is insufficient information to provide you with a meaningful response as there may be...
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