I am a co-trustee and a beneficiary for a trust estate. My brother also has these two roles. Can my two roles be in conflict?
Eric's answer
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Answered on June 07, 2013
I concur with Attorney Miller. You should consider retaining your own counsel to be sure that you can adequately distinguish the two hats you are...
Is there a time limit on collecting on a promissory note that has been extended year by year beyond the due date?
Eric's answer
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Answered on June 07, 2013
My colleagues have provided you with sound information. At this point, your most prudent course of action would be to have the promissory note...
Archived
I'm looking for a trust fund set up by my grandfather for me and brother. How can I find or hire someone to find it?
Eric's answer
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Answered on June 05, 2013
Short of hiring a private investigator to try to locate information, my colleagues have given you the proper direction. Try the state unclaimed...
Archived
Can you borrow money on a residual trust?
Eric's answer
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Answered on June 05, 2013
If you believe that your brother is taking advantage of your mother, you should consider contacting Adult Protective Services. They can...
Archived
Do attorneys administering a trust estate have responsibility regarding real property and insuring they are accurately recorded?
Eric's answer
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Answered on June 05, 2013
Attorney Shultz is right on point. You should retain your own counsel as co-trustee. That counsel should review the situation with you and...
If a Substitution Of Trustee / Assignment Of Deed Of Trust is signed by an "attorney in fact," must a POA be recorded at anytime
Eric's answer
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Answered on June 05, 2013
My colleagues have provided sound advice. The most prudent practice would be to record the POA with the substitution. This can simplify or...
Archived
Is it ok to sign reaffirmation agreement for my car, i don't want it included on my bankruptcy
Eric's answer
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Answered on June 05, 2013
My colleagues have provided you with sound advice. Reaffirmation may not be the most prudent course of action for various reasons. If you have...
Archived
How much can I sue Sprint Corporation for, and do I need a lawyer?
Eric's answer
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Answered on June 05, 2013
The answer to whether you need a lawyer depends on what you want to sue for. If it is for your early termination fee plus any other accompanying...
Where to serve a defunct company?
Eric's answer
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Answered on June 05, 2013
I concur with Attorney Strongin's detailed response.
When does the IRS respond with S corp status?
Eric's answer
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Answered on June 05, 2013
The IRS should have sent an acknowledgement of the election. If you have not received the acknowledgment, you should contact them to inquire.
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