Archived
Can a trustee be changed on a trust as he has now became a drug addict, and I believe funds are being mismanaged?
Oleg's answer
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Answered on July 09, 2018
Sounds like the next step is to demand accounting and information and (if the cousin acted contrary to the terms of the trust) evaluate with...
Archived
How to transfer a dormant IRA account which belongs to my ex-spouse (passed away 12 years ago) to his young adult children?
Oleg's answer
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Answered on July 08, 2018
Were you named a custodian of the IRA account (on behalf of your minor child)? If yes, then it should be fairly straightforward for you to act as...
Archived
Liability of a Co-executor who resigned but remained "involved" in estate matters?
Oleg's answer
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Answered on July 08, 2018
Both A and B could have potential liability. Though obviously depends on the facts, B could be liable as either a constructive Executor or...
Selected as the best answer
Archived
What is the difference in life insurance and personal property of my mom who passed
Way
Oleg's answer
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Answered on July 08, 2018
Life insurance proceeds will be distributed according to the beneficiary designations on that policy.
That has nothing to do with other...
Archived
Is money inherited from parents held in IRAs taxable to us upon withdrawal?
Oleg's answer
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Answered on July 06, 2018
Depends on the type of IRA account. In general, with an inherited traditional IRA account, you will pay taxes on the distributions you take (which...
Archived
How can a copy of will and living trust?
Oleg's answer
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Answered on July 05, 2018
Ask the successor trustee (in writing) for copies of the trust and will. If they do not provide it, retain a lawyer.
Archived
Will my brother go to jail?
Oleg's answer
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Answered on July 05, 2018
You can contact the DA yourself (without an attorney) either now or later (in general, the sooner the better).
But as other attorneys have...
How to transfer stocks with Revocable Living Trust?
Oleg's answer
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Answered on July 05, 2018
I would only add, take a look at the schedule of assets in the living trust. If that section (or any other part of the trust) indicates the intent...
Archived
I am the only living son, power of attorney of mothers estate, she passed, daughter is in trust, taking over, how to stop this?
Oleg's answer
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Answered on July 05, 2018
If this is a revocable trust, the trustor (presumably your mother) has the ability to amend or restate the terms of the trust (including to...
Archived
Will my brother go to jail?
Oleg's answer
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Answered on July 05, 2018
Retain a local trust & estate litigator, and if you have not already, have him or her request in writing: (a) a copy of the trust (and will); (b)...
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