Archived
If a married person with sole and separate title, to the home they share with their spouse, wanted to put the property into a tr
Janet's answer
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Answered on October 31, 2009
Yes, a deed transferring title from you to the trustee of your trust (which in most cases would also be you) needs to be filed in the county...
Archived
If my sister is my "trust" person in my folks will, can she just go ahead and give me my complete share?
Janet's answer
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Answered on October 31, 2009
As Ms. Clarkson said, it's possible for you to petition the court to have the trust modified. In order to do that, all of the beneficiaries must...
My rights in a Will being a beneficiary. I was left 1/3rd of my fathers estate.
Janet's answer
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Answered on October 29, 2009
You appear to be mixing apples and oranges here. If it's a will, the distribution of the property is subject to the requirements of the probate...
Archived
Please help me with the process of taking the Trust papers to ? I need to know the process
Janet's answer
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Answered on October 29, 2009
The person named as the trustee of the trust is the one who is responsible for transferring the property into the name of the trust. And the funds...
Archived
How do I go about getting a bank account for a trust that will hold real estate, but is not funded yet?
Janet's answer
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Answered on October 29, 2009
If you are both the "trustor" (a/k/a the "settlor" or the "trustmaker" ) and the "trustee" of the trust and you are also the beneficiary - in other...
Archived
My brother and I both have my parents house after they died 2 1/2 years ago. He lives there and now refuses to move.
Janet's answer
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Answered on October 28, 2009
If no one has started a probate proceeding, you should contact a competent probate lawyer in the county where your parents lived and petition to be...
Archived
We received a $20000 gift from the sons of our deceased aunt from her trust account. Is it taxable?
Janet's answer
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Answered on October 28, 2009
It sounds as if the sons made a gift to you. Any person can give any other person $13,000 per calendar year without incurring any federal gift or...
Archived
How do you divide this asset?
Janet's answer
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Answered on October 28, 2009
The answer depends on several factors, including whether the 3 sisters died before both of your grandparents or after. If all 3 sisters died...
Archived
How do you get a copy of a Trust? if it was not recorded, and, is it legal?
Janet's answer
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Answered on October 28, 2009
If your mother's name is listed as the "trustor" on the document you looked at, you might have been looking at the mortgage (which is called a...
Archived
What are the fedreal laws for when reving estate money
Janet's answer
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Answered on October 28, 2009
What does "reving estate money mean"??? Are you asking about federal estate/gift tax laws for paying estate/gift taxes on gifts & inheritances? ...