I agree with my colleague. The Trust Agreement as it is written and the administration of the Trust to date determine the legal answer. In their...

The simple answer is probably yes. It depends on what the Trust Agreement says. Sometimes one section of a Trust Agreement says the Trustee can...

This happens quite often. check the custodial agreement for the IRA to see if it says; then, check with the custodian, what is their policy and...

No, you do not pay taxes if your net income is zero or less. If your total income less the standard deduction is zero or less, you do not pay...

Hi, You're right to fix this problem now. If your Dad dies and she is on the title, she may get the whole house (possibly debt free). So, you...

I agree with my colleague. What you describe is illegal. If your sister arranged for your father to go to the Bank and add her to the account as...

I agree with my colleagues. What does the written partnership agreement say about amendments and changes? Usually it provides for a unanimous...

As the legally appointed personal representative in a decedent's estate, you have the authority to pay expenses on behalf of the estate. If you...

Depending on your financial situation, it may be better to structure this as a loan. It can be paid back when the house is sold or the loan (or...

Yes, its possibly correct. The administrators of the estate have all of the power your grandmother had subject to what is in her Will and Trust. ...