Can my father rent his house to a family member when said house is in father's irrevocable trust?
As the Trustee, you have to safeguard the assets. It would be a bad idea to rent it out for lower than market value rent because you are thereby...
Carlsbad, CA
Estate planning Lawyer at Carlsbad, CA
Practice Areas: Estate Planning, Trusts, Wills & Living Wills
As the Trustee, you have to safeguard the assets. It would be a bad idea to rent it out for lower than market value rent because you are thereby...
Prop 58 allows for you to keep her low tax rate, as long as it passes to the direct descendants. You don't have to do anything now, just fill out...
The conservatorship has nothing to do with Medi-Cal. Medi-Cal only cares about her assets and income. She can keep her house, but you need to...
Are you just planning or has the couple already died? If you asre just planning for the worst, then use a Living Trust to avoid Probate altogether.
You need to make sure that you affirmatively dis-inherit them, by name. There cannot be any doubt that you did it by mistake.
The Pour Over Will is a way to take care of anything in your life that was not put into the Trust. The alternative is that your heirs have to...
I am sorry but the only course of action open to you is to get a conservatorship. You can request a Conservatorship from the Probate court if your...
That completely depends on how grandma wrote her Will. It shoulld say in there what happens if one of the heirs dies before her.
The bond has nothing to do with how the assets are divided. A bond is posted in cases like this as an insurance policy in case the Executor runs...
You are ready to do whatever you like with the property now.