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I am a benificiary in a trust with a 25% intrest but my sister (executor) is uncooperative and is not informing me of the trust.
Benjamin's answer
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Answered on August 17, 2009
As a beneficiary of the trust, you are entitled to a copy of the trust and to be kept informed with the status of the trust administration. If...
Archived
Changing a revocable trust to an irrevocable trust
Benjamin's answer
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Answered on August 17, 2009
This all depends on the language of the original trust. Sometimes your mother will have full power to make any changes she desires on the trust...
I have a living trust. I need to change the executor. Can a simple will supercede a previous trust?
Benjamin's answer
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Answered on August 17, 2009
Yes. You can revoke all prior wills and revoke your trust at any time if it is a simple revocable living trust or living trust. However, you may...
Archived
I'm being sued by a credit card company. The want a letter or answer w/n 35 days. How detailed do I make the letter?
Benjamin's answer
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Answered on April 21, 2009
If you have been sued you need to answer the complaint. Otherwise you will get a default judgment against you and your husband. You may want to...
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My sister and I want to start our own business same company name she buyer n NJ I'm seller n MN do we need license in both state
Benjamin's answer
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Answered on April 21, 2009
You will each need to get a business license in your respective counties/cities. Even better, consider incorporating your businesses to save self...
Archived
I incorporated with an internet company-the business never got off the ground, we notified the state and this company.
Benjamin's answer
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Answered on April 21, 2009
If you haven't already done so, you need to take formal steps to dissolve the corporation. This requires you to make certain filings with your...
Archived
I am the Trustee of my recently deceased father's estate. Need advice on distribution of estate and forms req'd.
Benjamin's answer
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Answered on April 21, 2009
Usually it is best to return to the lawyer that drafted the trust for some free guidance. Most lawyers will give the successor trustee a free 30...
Archived
S-corp - What do shareholders have a right to know and what is 'veiled?"
Benjamin's answer
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Answered on April 21, 2009
Generally you should look at the company's bylaws and NY law to see what information shareholders are entitled to request from the...
Archived
What are the procedures for dissolving a corporation
Benjamin's answer
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Answered on April 20, 2009
You should check the Arizona Secretary of State's web site. They usually post helpful information there regarding dissolving a business. You...
Archived
As a shareholder, How can I find out gross income, managers fees taken on a family run s-corp?
Benjamin's answer
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Answered on April 20, 2009
Initially I would recommend that you obtain a copy of the company's bylaws. The bylaws often set forth the procedures to follow in order for a...
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