Archived
Can I help get my minor sisters money from a POD my father left for her from his bank? I have co-guardianship of her?
Barbara's answer
|
Answered on April 11, 2018
If you are co-owner, the accounts will go to you on your father’s death. At that time, you can put the money in a savings account in her name or,...
Selected as the best answer
Archived
My father passed away in May 2017. After that date, are attorney fees tax deductible after the income is reportedon 1041/541?
Barbara's answer
|
Answered on April 11, 2018
Attorney fees to administer the trust would be deductible on the 1041.
Archived
I asked an Attorney about the revocable trust.?
Barbara's answer
|
Answered on April 11, 2018
The attorney is trying to save you money. He could write a letter to the trustee demanding a copy of the trust, but he would need to charge you for...
Archived
How do I put this house into my name ?
Barbara's answer
|
Answered on April 11, 2018
As Ms. Straus said, you would have to do at least a simplified probate. Other living children and grandchildren would have an equal or greater...
Archived
Can i ask for my share of the property my mom left me when she passed on ?
Barbara's answer
|
Answered on April 11, 2018
No, you most likely cannot ask for “your share” now. It’s extremely likely that the trust provisions are either (1) Everything went to your father...
Archived
Can I restrict the money my children get from the trust?
Barbara's answer
|
Answered on April 11, 2018
If you’re having a new trust created, you can put in any terms you want. You might consider allowing them to use the money also to pay down a...
Archived
SUPPLEMENT PETITION NEXT OF KIN
Barbara's answer
|
Answered on April 11, 2018
It sounds like you have competing wills. The judge will have to decide which will is admitted to probate, and then probably appoint the executor...
Archived
If I’m on cash aide assistance with my current wife and children in California do i pay child support for my other child
Barbara's answer
|
Answered on April 11, 2018
$40,000 is barely enough for a single person to live on in California. The child support order is reasonable. I don’t know whether they can collect...
Archived
My dad died I drive his car. My sister said I can’t drive his car until probate case ends.
Barbara's answer
|
Answered on April 11, 2018
They are correct. If the car is a probate asset, your driving it puts the whole estate at risk. The executor generally cannot distribute assets...
Trustee shall distribute from the assets of the Power of Appointment Trust the sum of 50 thousand dollars but NOTHING more
Barbara's answer
|
Answered on April 11, 2018
This site is for answering general, not specific, questions. No one can give you an exact interpretation of a provision of a trust without...