My mother left my aunt a life estate in a house. What happens if my aunt disclaims this inheritance?
If Mom's estate and gifts are less than $11 million then there is no estate tax or gift tax any way.
Carlsbad, CA
Estate planning Lawyer at Carlsbad, CA
Practice Areas: Estate Planning, Trusts, Wills & Living Wills
If Mom's estate and gifts are less than $11 million then there is no estate tax or gift tax any way.
Do NOT move property out of her name! It will kill you on taxes and if Medi-Cal is paying for her care, or will be in the next few years, then...
Your question is a bit confusing. I think you mean that your sister has PoA from your Mom and won't let you see your Mom. She can't do that. If...
You have to read the Trust to find the answer but 99.9% of the time the grantor retains authority over who will be the Trustees.
A PoA is given voluntarily, so he can certainly give you one whenever he has access to a notary to witness his signature. He can of course...
It can be a complicated process. If you are going to do it yourself then buy a good How To book for Trust Administration.
For most people, a Living Trust is used so that when you die, someone you trust will be in charge of watching over the assets for your minor child...
If he is planning only with his own assets then you have no right to know or interfere. He does not have the authority to give away any of your...
Before it is too late, have them execute Powers of Attorney and Advance Health Care Directives so that you don't need a Conservatorship later. ...
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As one of the heirs, you are entitled to a copy of the trust. Demand one from the Trustee. Only the Trust itself can answer your question...