Can I leave a property which is also a vacation rental business in a special needs trust ?
Yes, it is possible. Consult with a local estate planning attorney to help you.
San Diego, CA
Litigation Lawyer at San Diego, CA
Practice Areas: Litigation, Trusts ... +2 more
Yes, it is possible. Consult with a local estate planning attorney to help you.
You will not get a definitive answer without having a knowledgeable estate planning attorney (and possibly a financial planner) review the terms of...
You should discuss this in detail with your estate planning attorney.
More information is needed, such as: how was title to the property held? (Did your parents own it as joint tenants? tenants in common?) Was it in a...
No, the $150,000 limit applies to the total size of the estate. Get the land appraised and find out its value. Then talk to a local estate...
You should take a copy of the trust and consult a local estate planning attorney about trust administration, and also have hin or her explain the...
Assuming you need a new trust, and further assuming that you transfer the assets from the old trust to the new trust, and further assuming that new...
No, you do not need to lodge it. If you are the successor trustee, I suggest you hire an attorney to help you administer the trust, though.
Possibly, but it's an uphill battle. California Probate Code § 21700, entitled "Contract to make will" has a provision that allows a person to...
You may want to speak with an asset protection attorney. Candidly, most people in your situation do not benefit from an asset...