Archived
In setting up an LLC owned by a husband and wife who also have a living trust, should the LLC be name in the couple's name or LT
Patrick's answer
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Answered on April 29, 2015
You can do it however you want. The pour over will would act as a catch all provision and put the asset into your trust at death. That said, the...
The trustee has stolen $100,000 from my children's trust. What can I do? What are my chances of recovering the funds?
Patrick's answer
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Answered on April 29, 2015
Your children or you should hire an attorney immediately and file a petition for removal of trustee. From there, sue her for breach of fiduciary...
My brother has 1% & I have 99% in a real estate property. We want to transfer his portion into a living trust. How?
Patrick's answer
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Answered on April 29, 2015
Quitclaim is fine and be as specific as possible as to the interest conveyed. Also, be sure to include this interest in the trust schedule...
Archived
I am the executor of my moms trust and will. It is required I notify others in the will of my starting to execute the document?
Patrick's answer
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Answered on April 29, 2015
Yes. You must notify the parties involved. Otherwise, you run the risk of liability down the road
Archived
Is there time limitation to receive monies left in trust for me?
Patrick's answer
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Answered on April 29, 2015
The trust document controls! Have an attorney look it over for you
Archived
Looking for Trust Litigation Attorney in Pasadena/Los Angeles area to represent beneficiary in a Trust Accounting/Contest Case
Patrick's answer
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Answered on April 29, 2015
A beneficiary may compel an accounting. I would recommend picking a lawyer from those listed on Avvo and contact them as to the procedural...
Probate Issue: The family trustee has intentionally undervalued property in the trust I believe for his personal gain.
Patrick's answer
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Answered on April 29, 2015
I agree with my colleagues but would add as a caveat that generally trustee's are not permitted to engage in self-dealing with the trust unless...
Archived
What are the ramifications of not recording a house given to me through a trust.
Patrick's answer
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Answered on April 29, 2015
You should record the deed as soon as possible. This serves as protection for you in the event that someone claims to hold superior title.
Absent...
Archived
What are my chances of getting physical custody?
Patrick's answer
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Answered on April 28, 2015
Is there an order in place presently? If so, that order controls. If he seeks a modification for more time with your daughter, his alcoholism will...
Archived
If a person is expected to receive a portion of an estate and owes child support will it be deducted?
Patrick's answer
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Answered on April 28, 2015
It depends, but generally speaking your inheritance may be used to satisfy support obligations. Contact an attorney to look into the matter further.
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