Archived
Does the trustee (my sister) have the right to ask each beneficiary to prepare a spreadsheet with values of items received?
Kristin's answer
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Answered on June 17, 2015
Generally speaking it's the trustee's duty to value the trust assets; appraisals are usually paid from trust funds (which in turn deplete the...
Archived
I heard if someone gets a poa from the grantor of his life insurance policy they can change who the beneficiary is .
Kristin's answer
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Answered on June 16, 2015
Keep in mind the POA is only valid while the agent (the grantor in this case) is incapacitated, and expires upon his or her death.
Can my uncle kick my cousin out of the house without notice ?
Kristin's answer
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Answered on June 14, 2015
That's nice of you to try to help out. Assuming your uncle owns the house, then he evict your cousin. However, their family relationship...
Archived
I have a question on the subject of caveat. If original caveators died or sold the land to others, is the caveat still valid? Th
Kristin's answer
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Answered on June 11, 2015
While caveator is actually an obscure legal term, it doesn't work in this context. I think you're referring to an easement, which is basically the...
Archived
Surviving spouse needs to transfer deed of house into her name.
Kristin's answer
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Answered on June 11, 2015
She will need to record affidavits of deaths of either joint tenants, or trustees, depending on how the property was held. These forms are...
Archived
Outright gift
Kristin's answer
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Answered on June 10, 2015
Based on the bare facts of your post, this sounds like a straight forward fraudulent transfer - see Penal Code section 155 (makes this a felony). ...
Archived
How do i put my name on the property so the state doesn't take house?
Kristin's answer
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Answered on June 03, 2015
Welcome to probate. Assuming the house is worth more than $150,000, you will need to probate your mother's estate. And if the state had a lien on...
Archived
How to get bank Salute Your Shorts of deceases released to trustee.
Kristin's answer
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Answered on May 29, 2015
Often times it depends on who you talk to at the bank. Some of the clerks are not well versed in trusts and don't feel comfortable with anything...
An item in a recently deceased's will was gifted before death, the family is now demanding it back. Who's correct?
Kristin's answer
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Answered on May 28, 2015
If grandfather freely and competently gifted the tools to your husband before his death (and assuming there was no contract with the beneficiary...
Archived
When can executor distribute funds?
Kristin's answer
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Answered on May 27, 2015
Pregrant is not actually a word. If there's a final order for distribution, then the assets can be distributed. The trustee will need to get...
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