My Dad died with an IRA account naming his Trust as Beneficiary. The check was received from the IRA account and deposited.
Brian's answer
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Answered on March 15, 2022
The beneficiaries cannot do a "rollover"; in fact, a non-spouse beneficiary can never do a "rollover".
The distribution of the IRA money that...
What are the best way to do asset protection and estate plan? what will it cost? how long does it take?
Brian's answer
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Answered on February 07, 2022
There's no "best way" to do asset protection planning. Every individual or family will have a different plan.
In general, it depends on four...
How do i protect my future inheritance from current and future creditors ?
Brian's answer
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Answered on February 01, 2022
Your parents can have their trust drafted in such a way that after they both die, their home and whatever other assets are in their trust are held...
What is the difference between a regular revocable living trust and a land trust?
Brian's answer
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Answered on January 30, 2022
Land Trusts are popular in Illinois, where Chicago Title has for years offered its services as a special trustee of a revocable-type trust that is...
What does the term notwithstanding the forgoing mean?
Brian's answer
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Answered on January 24, 2022
Normally it means that the next sentence is an exception to anything to the contrary previously written.
However in your case, since the trust...
How do I name someone else trustee on a living trust?
Brian's answer
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Answered on January 24, 2022
Mr. Weinstein is correct, you might be able to pull this off yourself but it will be very difficult for you. You don't mention who the...
Can Castle Trust be established in the state of California ?
Brian's answer
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Answered on January 08, 2022
Yes. The term "Castle Trust" is just a trademarked marketing name. In reality, that kind of trust is an irrevocable third-party hybrid...
What are the proper steps in completing a termination of trust?
Brian's answer
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Answered on December 29, 2021
Hello,
You should not expect the lawyer that prepared the "Termination of Trust" document for your grandmother to communicate in any way with you....
Buying a house that is owned in a trustee deed?
Brian's answer
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Answered on December 24, 2021
Many times real property is transferred out of a trust to a beneficiary of the trust by the trustee by using a "Trust Transfer Deed" or similarly...
Living trust setup distribution after 2nd to die. In quote, "separate" -> different from trust so use beneficiary acct/tax id? ?
Brian's answer
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Answered on December 17, 2021
Hi, I usually don't like to answer questions posted on Avvo like this, but here goes:
The situation you are describing is way too complex for...
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