I am a beneficiary to a trust. Do I have a right to an inventory/accounting of all the trust assets and properties?
Jeffrey's answer
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Answered on April 23, 2020
Yes you absolutely have a right to be kept apprised of the state of the trust assets (as long as the person whose trust it was is now...
What is the difference, pros/cons, of setting up a revocable trust vs. an irrevocable trust for the purpose of estate planning?
Jeffrey's answer
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Answered on April 23, 2020
The most important difference is that irrevocable trusts are an awful pain in the neck. And, obviously, you cannot revoke it later.
Normal...
My dad's Power of Attorney will not release my dad's financial records that she is responsible for.
How can I get documents?
Jeffrey's answer
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Answered on April 23, 2020
If you have real concerns about financial abuse, you can ask a judge for a restraining order for Elder Abuse and as part of the Order require her...
Are named beneficiaries of a Trust (my siblings) ENTITLED to a detailed statement of accounts while my mother is still alive?
Jeffrey's answer
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Answered on April 22, 2020
The heirs and beneficiaries are not entitled to anything about the trust until your mother dies.
However... give them something to keep them off...
Seeking legal assistance in applying for Medi-Cal assistance for my 93-year-old mother with late stage Alzheimer's.
Jeffrey's answer
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Answered on April 21, 2020
When you say "gifting her assets", do you mean gifting things TO her or or gifting her things AWAY from her?
Under no circumstances do you give...
I want to purchase a house for myself but how can I make sure my
husband does not show ownership on the same post divorce ?
Jeffrey's answer
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Answered on April 19, 2020
That depends on what money you are using to buy that house.
If you are using Community Property then you are out of luck; anything you earn during...
What is the difference between a financial planner, tax advisor, investment advisor and CPA? Who do we need for our situation?
Jeffrey's answer
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Answered on April 18, 2020
The taxes will be the big issue.
A financial planner and an investment adviser are just different flavors of stock broker. You don't need that...
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Is there anything I can do if I think someone can is trying to harm me ?
Jeffrey's answer
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Answered on April 18, 2020
I apologize for the insensitive answers above.
Get out now. Pack your bags and leave. Do not subject yourself to this.
If you have any proof at...
Do I need to file some papers to a probate court?
Jeffrey's answer
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Answered on April 13, 2020
Ask the Trustee for an update in writing. You have the right to know what is going on.
Go to the hearing. Be there in person and if the...
How much it cost to do the addendum of the existing living trust?
Jeffrey's answer
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Answered on April 12, 2020
It would probably take about two house of lawyer time to get it done and make sure the original Trust is up to date. Hourly rates vary between...
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