Archived
Iam one of five equal beneficieries to a living trust.The trustee is one of the five.Is he required to notify the remaining
Eric's answer
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Answered on January 10, 2013
THe trustee of the trust is the party charged with managing and maintaining the trust. The beneficiaries do not control the trust, that is the...
Archived
If you have property in one state and live in another state, can a will be drawn up in either state?
Eric's answer
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Answered on January 10, 2013
My colleagues have provided you sound advice. Your will ( and estate plan) should be drafted in your state of residence. After you die, the...
Archived
Can I be the pers rep for both my sister and her husband who are Florida residents if I live in Ohio? Or only for my sister?
Eric's answer
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Answered on January 10, 2013
MY colleagues have provided you with quality responses. I agree that you should get the advice of a Florida attorney. In this instances, you may...
Archived
How to avoid being sued after you settle a debt?
Eric's answer
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Answered on January 09, 2013
My colleagues are correct. Your best bet is to get a written agreement from the credit card company outlining all of the terms and conditions of...
Archived
Charged off account on credit history
Eric's answer
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Answered on January 09, 2013
Your statement leaves open a lot of questions, including the age of the charge-off accounts. These items may stay on your credit for seven years,...
Archived
Will need to EXCERCISE General Power of Appt, separate from Grantors Trust. What does this mean?
Eric's answer
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Answered on January 09, 2013
As usual, Attorney Zellinger has offer you quality advice. I support his suggestion that you gather all of your documentation and information and...
Where can I cash in an IBOND in the name of a trust U/D/T? My bank is giving me a hard time because I dont have a trust acct
Eric's answer
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Answered on January 09, 2013
Attorney Zellinger is correct. The trustee of th trust would have to deal with the bond. If you are the beneficiary, you need to have th trustee...
Archived
How do I find out about the terms and structure of a family trust in which I am named as a beneficiary?
Eric's answer
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Answered on January 09, 2013
I agree with my colleagues, and I would strongly recommend that you retain your own counsel to be sure that your interests are represented...
Archived
If a trust buys an annuity from proceeds from house sale, when it matures, does it go back into the trust?
Eric's answer
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Answered on January 09, 2013
You have received quality responses from my colleagues, as usual. The terms of the trust, itself, will control how the annuity proceeds will be...
Archived
My parents had a will/trust and I was given an equal share of the estate. This changed and I can't find out when this occured.
Eric's answer
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Answered on January 09, 2013
My colleagues have provided you with sound advice and information. My reading of your statement is that you are being stonewalled by the attorney...
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