Archived
I am managing their finances. What do I get on their revocable trust in the state of California to help keep the bills paid?
Gregory's answer
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Answered on April 10, 2014
If your mother is no longer willing or able to act as trustee, then she can resign and the successor trustee can take over. If you are not the...
Archived
Can a beneficiary be penalized for challenging the executor's poor handling of estate? Can executor live in Settlor's house free
Gregory's answer
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Answered on April 10, 2014
It is not appropriate for the trustee to make personal use of trust property, especially to the exclusion of other trust beneficiaries. The trustee...
Archived
Do I need an attorney for probate court in order to be named executor of an estate?
Gregory's answer
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Answered on April 10, 2014
You are not required to have an attorney represent you in a probate; but it's likely to be a big help, since probate procedures aren't exactly...
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Archived
My Grandfather starting yesterday is under conservator ship by a public guardian. Now I have been contacted by the police.
Gregory's answer
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Answered on April 10, 2014
You should contact a criminal defense attorney to advise you before you have any contact with the police. I have reassigned this question to...
Archived
Are there Trust fees in Calif., if so how are they determined?
Gregory's answer
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Answered on April 10, 2014
There are no special government fees or taxes for administering the trust. The main expenses are trustee fees, attorney fees, and tax...
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Archived
Validation of an amendment
Gregory's answer
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Answered on April 10, 2014
You should meet with a trust & estate attorney who can review the original trust and the purported amendment with you, as well as the...
Archived
Will a trust shield us from the state going after my assets?
Gregory's answer
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Answered on April 09, 2014
In general, children are not liable for the costs of their parents' care. In particular, if your Dad is receiving care paid for by Medi-Cal, the...
Archived
Irrevocable trust
Gregory's answer
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Answered on April 09, 2014
The proposed structure could place your friend at risk for a lawsuit from your son. The trustee of a trust has a duty to manage the trust property...
Archived
In CA, how long does a trustee have to finalize and distribute a trust after all everything has been sold and all bills paid?
Gregory's answer
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Answered on April 09, 2014
The most important source of information will be the trust itself - the trust may specify a time frame for distributions - or it may say that the...
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Archived
Who can I get to read a petition for removal of trustee, account, and appointment of successor trustee
Gregory's answer
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Answered on April 09, 2014
You're better off keeping the emotion out of the petition - instead, focus on the facts which are causing you to have strong emotions, and describe...
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