Estate Planning

You've asked good questions, so let's address them one at a time. A revocable living trust (RLT) can be drafted to leave your inheritance to...

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Does my newborn child need a SS # in order to be named the beneficiary of a will, trust or estate?

I never put the SSN of my clients' children in their trusts or wills. Some practitioners may do so, but I'm not one of them. I recommend...

My Mother, has her only home in her trust, would like to gift the property to me (son). Can this be done before her death?

Your mother really needs to consult with an estate planning attorney to make sure that the gift is made correctly. Also, since your mother...

How can I find the money my Nana left me after her death because family will not give me information.

First things first, did your Nana have a will or living trust? If a will, then you should be able to find out if it was admitted to probate in...

How much can I get paid for being an executor of a trust?

When serving as a Trustee of a Trust (executors administer wills), you'll need to read the Trust to see what is provided for in terms of...

My mother passed away.I was her power of attorney.Do i still have control of her bank account.

My colleagues have provided excellent advice. Let me add something for your consideration. Whenever someone gives you a power of attorney...

My colleagues have given good advice. Here's something to keep in mind. Trusts are governed by contract law. Thus, if you have a living trust,...

How does a surviving spouse "disclaim" a deceased spouse's property? Is there a point in keeping the credit shelter trust?

My learned colleagues have all provided good advice. If I may, let me weigh in with another perspective. Not having read your parents' trust, I...

Does funding a trust with my spouse's and my separate property protect my property from my spouse's creditors?

My colleagues have answered this question as well as anyone could. To recap, your wife's creditors cannot attach your separate property for...

Passage of time alone shouldn't require a restatement, but given that the trust was established in 1988 and restated in 1993--over 20 years ago!--,...