Can I charge rent to my step-dad or any family member in a house my mother left me in charge of in a trust ?
Eric's answer
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Answered on February 14, 2013
I agree with Attorney Fason. Your most prudent course of action would be to take the trust (and all other paperwork) to a local trust attorney for...
Archived
Can a trustee of a living trust be held personally liable for a trust debt?
Eric's answer
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Answered on February 13, 2013
Without reading and reviewing the particular trust and rental agreement at issue, it is hard to tell you if there is personal liability. However,...
Archived
How to expedite close of my mother's trust-trustees are my brothers-not getting along-not paying benefs rental income on props?
Eric's answer
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Answered on February 13, 2013
From your statement of information, it is apparent that you have several potential issues to address. Your best bet would be to consult with a...
Archived
Can a Revocable Living Trust be used to do an "Installment Sale" for tax purposes?
Eric's answer
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Answered on February 13, 2013
As Attorney Frederick stated, you can use your revocable trust for the purpose you describe without incurring negative tax consequences.
Archived
Loan Documents preparation for a Secured California Note
Eric's answer
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Answered on February 13, 2013
Your scenario requires the attention of a local real estate attorney to be sure that everything is properly drafted, processed and perfected.
Archived
All all heirs named in a trust and will entitled to copies of those documents?
Eric's answer
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Answered on February 13, 2013
Attorney Zelinger provided you with the correct response. Named beneficiaries under a will or trust are entitled to copies of those documents. ...
Archived
If an estate was left intestate and there are 3 living children and one predeceases child with a son out of wedlock
Eric's answer
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Answered on February 12, 2013
The general rule in a situation such as this is that the child (or children) of a predeceased sibling will step into the parent's position. If the...
Archived
My daughter had house and property signed over to her and her husband from her father in law.The husband has since passed away.
Eric's answer
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Answered on February 12, 2013
Attorney Leonardi is correct that additional detail is needed. Your best bet would be to meet with a local probate attorney to explore the...
Archived
I married my husband about 7 years ago. My house, located in Washington State, was totally paid for before we got married.
Eric's answer
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Answered on February 12, 2013
Attorney Elder is correct. Based on your statement of information, you would be wise to consult with a local estate planning attorney to be sure...
Can i demand partial distribution of a family trust after parents death?
Eric's answer
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Answered on February 12, 2013
Attorney Zelinger is absolutely correct. In order to determine if a distribution demand is possible, you would need to review the specific terms...
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