If the trust is revocable, you have teh power to remove assets from the trust. If you are the settlor (creator of trust) and the beneficiary, then...

If I get a loan on the house that's in a trust to pay off sibling, will it still be under 13?

There is a way to preserve the property tax base and avoid reassessment, but it involves the trustee taking out a loan, distributing the property...

Can I sign and notarize a quit claim and not record it?

How best to transfer property to your daughter, to the exclusion of other family members, is an issue that you would be best served by addressing...

What to do when one and only one account is labeled a Trust yet no Trust can be found?

It may be possible to file a petition to confirm the terms of the trust, but it would be helpful if the proposed terms match how your father's...

Can a beneficiary sue trustee for non payment of inheritance

Yes, a trustee owes a fiduciary duty to administer the trust according to its terms and cannot benefit himself or herself to the disadvantage of...

Yes, under the proposed transaction you describe, there will be a 50% reassessment of the property taxes when your brother transfers his half to...

In which section of the Trust are the Beneficiaries listed??

Beneficiaries can be identified anywhere within a trust, but the trusts are usually organized in sections. Some are sectioned off for what happens...

Your question is difficult to answer in the abstract. Generally, the trustee is required to follow the terms of the trust, and do what the trust...

I am successor trustee of a very small estate. Among the things of value is a $1500 checking account which I am entitled?

If the account is titled in the trust, and you are the successor trustee, then you have control over the account as a trust asset. If the teller at...

Beneficiary question ?

You are entitled to notice of the administration of the trust, and you are entitled to a report from the trustee on the status of the...