Why do I have such large capital gains as beneficiary of a trust?
Attorney Firth is exactly right. The decedent’s trust did not receive a step up in basis. Back in 1994, the estate/gift tax exemption was only...
San Diego, CA
Litigation Lawyer at San Diego, CA
Practice Areas: Litigation, Trusts ... +2 more
Attorney Firth is exactly right. The decedent’s trust did not receive a step up in basis. Back in 1994, the estate/gift tax exemption was only...
In general, these are difficult cases. Consult with a local trust & estate lawyer, and discuss all possible risks & benefits of such a lawsuit...
Meet with an experienced trust & estate attorney and have him or her review your sister’s petiton witht you (along with the trust). In general,...
Consult a knowledgeable local trust & estate litigator. As Attorney Klatt correctly points out, these are generally difficult cases to prove (and...
You would serve the administrator or executor - in that representative capacity.
Have an estate planning attorney prepare an appropriate deed, sign and notarize it, and have it recorded with your local County Recorder's office. ...
No, don’t strike it out. Talk to your estate planning attorney who drafted the trust for you about whether to put together an amendment.
Not sure why you have a trust together with your business partner (unless your business partner is your spouse), but in either case, this sounds...
Yes, you have rights. While the Survivor’s Trust (typically Trust A) is revocable and is hers to do with as she wants (within the confines of the...
As beneficiary and heir, you are entitled to the terms of her trust. While you do not mention the terms, I would suggest sending a written request...