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My mom recently added a large account to her Trust, which she is the sole Trustee of. Can my sister be signed on co-owner.
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Answered on August 04, 2014
The only way for your sister to be added on to this trust account, is for your mother to make her a primary co-trustee with your Mom.
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How to find a copy of my grandmas will
Joseph's answer
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Answered on August 03, 2014
This is always a difficult question. The Probate Code says that the "Custodian" of the original Will must submit it to the Superior Court in the...
Are Trust Fees considered as self employment income by the IRS?
Joseph's answer
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Answered on August 01, 2014
I am a little confused. If you are serving as the Trustee, and being compensated as the Trustee, then that would be income and subject to income...
Archived
How to set up a trust fund? Do I have to transfer money first then create the trust fund?
Joseph's answer
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Answered on August 01, 2014
I agree that you should meet with an elder law attorney. You would create the trust first, then fund it with whatever assets you want to put in...
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Can i still contest a trust on the 120th day?
Joseph's answer
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Answered on July 31, 2014
Yes. I would make a statement and fax it and make sure you get an acknowledgement of receipt.
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As a probate attorney are you more inclined to seek a real estate agent who is certified as a probate specialist?
Joseph's answer
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Answered on July 30, 2014
Beth: Personally I think that the Certification will make you stand out and give you more marketing and networking ammunition. However, any real...
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Is a Disclaimer of a Judgment Debtor's Inheritance (to Defeat Creditors ?) considered a Fraudulent Conveyance in California?
Joseph's answer
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Answered on July 30, 2014
This is really not a Probate question, I am forwarding this to the Bankruptcy group.
Archived
My sister was signed onto a large account of my moms (350,000) This money was placed in a Trust for 4 kids. Can she inherit all
Joseph's answer
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Answered on July 29, 2014
I think your Mom did the right thing. You sister cannot be added to the Trust account unless she is the Trustee, or a co-Trustee with your Mom. ...
Archived
Is a person who resides in a home left in trust responsible for paying the yearly taxes and home insurance?
Joseph's answer
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Answered on July 29, 2014
You are correct. Unless the trust says differently, a life-estate beneficiary is responsible for paying property taxes and maintenance, in lieu of...
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I am conservator of my 41 yr old daughter. I need to give my conservatorship up. There is no friend or family to step in.
Joseph's answer
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Answered on July 28, 2014
In a case like this, you should contact the Public Guardian in your County, perhaps first contacting Adult Protective Services. if there are no...