Archived
I am trying to disperse trust funds to family beneficiaries but one member will not respond to certified letter or phone calls?
Eric's answer
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Answered on November 28, 2012
I agree with my colleagues. As for forcing a check on him, that would not be prudent, as it could terminate his medicaid eligibility. You can...
Archived
This issue regards a trust in Nevada. I am a beneficiary but not a trustee. The trustees refuse to release terms of the trust.
Eric's answer
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Answered on November 28, 2012
My colleagues are absolutely correct. If your suspicions are correct, you cannot afford to not hire an attorney. As a beneficiary to the trust,...
Archived
Can the attorney go ahead with the dispersment of a living trust when one of the benificiaries disagrees.
Eric's answer
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Answered on November 28, 2012
My colleagues are correct. The attorney is the trustee's attorney for the trust, not your attorney. You need to consult with your own trust...
Bank of America has just resigned as Trustee of the family trust. What must I do or how do I get the money to another bank?
Eric's answer
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Answered on November 28, 2012
You should consult with a trust attorney. The terms of the trust should provide for the appointment of successor trustees.
Archived
Do contingent beneficiaries get anything after the original beneficiary dies since the distributions were not ALL made yet?
Eric's answer
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Answered on November 28, 2012
My colleagues are correct. Generally speaking, the contingent beneficiaries become entitled only when the original beneficiary predeceases.
Archived
I am a U.S. citizen senior citizen, age 65. I have an adopted "special needs" African child who is 12 years old. Moved back to
Eric's answer
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Answered on November 28, 2012
Most likely, if the will was valid in Canada, it would be acceptable here. However, if you need the other forms, you should consider consulting...
Archived
Grandfather told mother about monies/trust after death however step-mother/grandmother ceased communication. Setup in FL or KY.
Eric's answer
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Answered on November 28, 2012
Mr. Frederick has given you sound advice. I would only add that your grandfather, if it was a revocable trust, up until the time of his death or...
Archived
Do I pay income tax on monthly stipends from the priciple of a revocable trust set up by parents who are still living?
Eric's answer
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Answered on November 28, 2012
Attorney Pippen has given you the correct information. You should consult with a tax attorney or CPA about your specific tax situation and rates.
Final trust distribution and termination
Eric's answer
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Answered on November 28, 2012
The timing for when the trustee begins planning for and allocating funds for "set asides" is not set in stone. So long as it is reasonable and...
Archived
Can I get separate health insurance if im covered by my spouses insurance, but we are seperated
Eric's answer
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Answered on November 28, 2012
You can absolutely get your own insurance, so long as you have the resources to pay for it. As soon as the marriage is legally dissolved, you will...
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