Archived
What kind of financial issues would I (and the other party) be looking at if I obtained a property that was paid off ?
Jeffrey's answer
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Answered on May 15, 2020
If he needs Medi-Cal to pay for nursing home care in the next few years then that transaction could cost him a penalty period before Medi-Cal would...
Archived
I inherit my boss's asset in a will some of his assets are in a trust and some are going through probate.
Jeffrey's answer
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Answered on May 12, 2020
You have your terms confused, but yes they are separate processes.
The Executor runs the estate and works with the Probate court to get everything...
Archived
How much how much does it cost to put a house in a living trust?
Jeffrey's answer
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Answered on May 10, 2020
To put it IN the trust only takes a new deed and $25 for the county clerk. If you mean to create the Trust then you will probably pay a couple...
Archived
My sister and l were to inherit from my parents estate.?
Jeffrey's answer
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Answered on May 08, 2020
I am afraid that your question is impossible to answer without seeing the trusts.
BUT ... it sounds like your nephew could get money from both...
Does a revocable trust automatically become irrevocable when the trustee dies in California?
Jeffrey's answer
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Answered on May 08, 2020
Yes. Upon death of the grantor, the revocable (living) trust becomes irrevocable. If it is a joint trust and one grantor dies, usually their half...
Archived
Is there a less restrictive way to obtain financial records from a Trust than to set up a conservatorship?
Jeffrey's answer
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Answered on May 07, 2020
A Conservatorship would probably not solve your problem with the Trustee. The Conservator would be granted authority over the estate and person of...
Does the successor trustee need to provide trust information to it's beneficiaries when the trustee is incapacitated?
Jeffrey's answer
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Answered on April 30, 2020
While your mother is alive, the Trust is revocable so you have no legal interest in it, so you have no right to see it.
If you have evidence...
Archived
Dad is in hospice at home- declining fast- no will/no trust etc ( I do have conservatorship)- is beneficiary enough?
Jeffrey's answer
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Answered on April 29, 2020
The question is a little short on facts but in general, Pay on Death and Transfer on Death deeds and accounts will bypass Probate.
Is Dad unable...
Archived
How can i have 2 people on a house deed without rights of survivorship and avoid probate?
Jeffrey's answer
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Answered on April 29, 2020
You can use a Transfer on Death deed to give your portion to your daughter, but first you would need to have a deed which shows that you have an...
How do I add property to existing trust?
Jeffrey's answer
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Answered on April 29, 2020
You just have to deed the new property into the name of the Trust. Be careful though because deeds can be tricky.
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