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Beneficiaries are notified if there are any changes in the trust, correct? i.e. incompetency process through the courts done.
Gerald's answer
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Answered on May 26, 2016
Generally speaking, beneficiaries are not entitled to obtain copies of a trust until it becomes irrevocable (i.e. the trustor dies or is deemed...
Archived
Is it valid for mom to ask dad to sign a notarized letter with the 2 things she wants & if so what type of letter will she need?
Gerald's answer
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Answered on May 26, 2016
I am sorry for your loss. Your mother should NOT sign any document giving your brother's property to your father If she wishes to preserve any...
Archived
That was my sister what can I do to stop him from wasting the money?
Gerald's answer
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Answered on May 26, 2016
I am sorry for your loss. Assuming your father was the rightful beneficiary/heir of your sister's estate there is not much you can do. Once the...
Archived
Do I need to file a competing petition on a home that was joint tenancy between the decedent and myself, or an 850 petition.
Gerald's answer
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Answered on May 22, 2016
When a joint tenant dies, joint tenancy property passes to the surviving joint tenant(s) by operation of law. Because title passes to the surviving...
Change exemption option during bankruptcy chapter 7
Gerald's answer
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Answered on May 21, 2016
Yes, you can amend your exemptions once your case is filed. HOWEVER, don't leave your home and/or the success of your bankruptcy case to chance. ...
In Butte County, California, do I have to file my " living trust" with the court? Does it have to be filed with any agency?
Gerald's answer
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Answered on May 19, 2016
No - trusts do not need to be filed or recorded. Trusts are in effect once they have been signed. Without more information it is difficult to...
Archived
Does it make any difference if trust is irrevocable, or revocable, to successor trustee, as far as selling assets, for himself,
Gerald's answer
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Answered on May 19, 2016
It doesn't sound correct based upon the limited information provided. A trustee owes a fiduciary duty to the beneficiaries of the trust. I...
Archived
What type trust can we do that will still allow me to live in the house and after my death let the house be sold and leave money
Gerald's answer
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Answered on May 19, 2016
You do not want to leave the property to a friend! Meet with an estate planning attorney who is experienced with Medi-Cal planning who can advise...
Archived
Does my deceased father's significant other have any rights to my fathers portions of inheritance if so, is it 33.3%?
Gerald's answer
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Answered on May 19, 2016
More information is needed. Specifically, the timing of your father's death. I suggest that you meet with an experienced probate attorney who can...
Archived
Can he own the property after father dies and how do I find out if he took out a loan on my father's property?
Gerald's answer
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Answered on May 19, 2016
You can confirm whether your brother is on title to your father's home and whether there are any liens on the property by conducting a title...