Archived
I was sole beneficiary of a "Living Trust". I was married 2 years before it's execution. Would my wife get entitlement to half?
Holly's answer
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Answered on January 23, 2014
The time of the execution of the trust is not relevant to determine whether the property is separate or community. The important question is when...
Archived
How much POA does a Sibling have once death has been established?
Holly's answer
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Answered on January 30, 2013
There is probably nothing on point in the power of attorney that addresses this issue specifically, but you are correct that the holder of the POA...
If a California DPOA requires certification of incapacitation, what is the process/forms involved by attorney of fact ?
Holly's answer
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Answered on January 28, 2013
Is this a DPOA for financial matters or for medical? In the case of a DPOA for financial matters, the document itself really lays out the...
Archived
How do I find information on a life insurance policy with multiple beneficiaries set up by my grandfather now that he has passed
Holly's answer
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Answered on January 27, 2013
Attorney Lopez is correct that the life insurance contract is controlling here and the outcome really will depend on the manner of the beneficiary...
Archived
I gave someone a power of attorney, he bought a house uner my name, the title and mortgage are in my name
Holly's answer
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Answered on January 27, 2013
You may need to provide more details in order to obtain a better answer. If the title is in your name, you are the legal owner of the property and...
Archived
How do I go around getting information about money that is held in a trust for me?
Holly's answer
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Answered on January 27, 2013
You will need to provide more pertinent information in order to receive a better answer. For example, is this a revocable or irrevocable trust. ...
Archived
Are back up papers to be send with any money paid out from a Trust?
Holly's answer
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Answered on January 27, 2013
I agree with the other attorneys in that what you are probably seeking is an "Accounting". As a beneficiary of the trust, you are entitled to an...
Archived
My mother died over 3 years ago and my sister is handling the settlement of her estate. How long can she legally take to settle
Holly's answer
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Answered on January 27, 2013
The best place to look for the answer would be within the text of the trust instrument. Some trusts place a great deal of power and control in the...
Archived
Can I make deposits into an ILIT over the course of a year, but then only send Crummey Letters at the end of that year?
Holly's answer
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Answered on January 27, 2013
In order to ensure that the amount deposited counts as part of your annual gift tax exclusion and is in fact gift tax-free, you should send Crummey...
I need information reqarding trustee resignation in California.
Holly's answer
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Answered on January 25, 2013
Some trusts do not explicitly provide a resignation protocol but, in my experience, having an attorney prepare a basic resignation of trustee...
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