No one can make you be the trustee. Write a letter to all the heirs and beneficiaries telling them that you don't want the job.

As mentioned above, if your assets are under $166,000 and there is no real estate worth more than $20,000 then your probate problem goes away. ...

It is perfectly fine for her to pay you as her care givers. Put the agreement in writing. Make sure that you declare the income.

Will a Surviving spouse lost her estate with Medical Recovery?

She can keep the house safe but it needs to be put into a Trust or else Medi-Cal will try to use it to collect back what they paid for her husband.

Two parts: #1. grandfather probably is not capable of executing the document and needs to have a conservator appointed by the court. #2. ...

Which is better? A living trust?

The Living Trust is best. Don’t gift away large assets! This is all about your tax basis in the asset. The tax basis is the amount the IRS...

Living trust or Will?

Living trust is way easier on everyone after your untimely passing. Less admin; cheaper in the long run.

82 yr old mom in california with SS check at $1500 a month pays out $245 in a supplement insurance plus is entitled to Medi cal

They will let her keep her home but they might come after it after she has passed away. She should have the home in a Living Trust to protect it...

You can do it yourself but if a paralegal does it for you they are practicing law without a license.

How do I get my son's name off the title to my house ?

When you put his name on the house you gave him ownership. If you want him off the deed then he has to agree to give up his interest. Then you...