What kind of letter do i need to let my siblings know that i am not responsible for decisions my co agent sister made for 7 yrs.

You are right to be concerned about this situation. I located a relevant portion of the Probate Code for you. I would suggest you talk to an...

A key question here is timing. Typically a trust says the shares are determined at the death of the settlors. If someone dies AFTER the settlors...

Do both the will and pour over will need to be lodged? 120 Day Notice heirs? Medi-Cal letter legal wording.

Nice job! It sounds like you have done some research on the steps needed when handling a trust that has become irrevocable following your parents'...

An important additional concern is Dad. When you say Mom is the trustor of the family trust (trustor's have power to amend while trustees do not),...

Yes, you'll want to review the second power to see if it revokes prior ones. There are certainly cases where someone does NOT want to revoke a...

Will I need to pay taxes on the sale of a home that I received through a living trust?

As some of the other answers indicate, it's not quite clear the facts in this case. There are four (or more) taxes to consider. Estate Tax (only if...

How do I tell if I was removed as a Co-Trustee of a Revocable Trust?

Take a look at the Trust under "power to amend" which is often in the first few pages. This provision would set out the requirements for making...

Is there a time limited on collection a inheritance

The Trustee of the trust is required to notify any beneficiaries listed in the Trust as well as immediately family (even if they were not listed)....

My aunt passed away may of last year, I got a notification a month later that she had left something for me in her trust.

Your inheritance may not be conditional on you signing a release, so I would not sign one unless you are comfortable with everything. If you...

Two trusts come to mind. 1) A simple trust (leaves everything to the surviving spouse with the survivor's trust being revocable), 2) A disclaimer...