In Michigan can the Settlor/grantor of an Irrevocable Trust be a beneficiary of the trust?

As in most situations, it all depends on what you want to accomplish. Whom are you trying to protect the assets from? Sometimes we use an...

Gifting money to the grandchildren as you have put it would be a disaster. You must have an elder law attorney review your situation and come up...

How do I add a codicil to my will?

Meet with an estate planning attorney or two and see if a trust is more appropriate for your situation. It sounds like you don't want to spend a...

Criminal or Civil case? If a trustee of an irrevocable trust is accused of misappropriation of funds

It may be both a civil and a criminal matter. However, you have not explained the issue enough for me to understand what happened. If father gave...

Can someone start a life estate after they go into a nursing home?

I would strongly advise you to meet with an elder law attorney to come up with a plan to protect some of the assets. For example, you may be able...

Can I file a quit claim deed on my property with an outstanding mortgage?

Now is the time to see an estate planning attorney and go over your entire situation. You don't know what you need or don't need until you have...

WWhat is the going rate for a simple will?

You probably don't need a Will. You most certainly do need Powers of Attorney for finances and for health care decisions. Those documents take...

Meet with an estate planning attorney and have your entire situation reviewed. I am sure a lot has changed for you since 1988.

If my parents social security money is deposed in a there checking account, are we required to turn in over any money left in?

If you deposit their money in your bank account, then they are essentially giving you money, so that would be a divestment for Medicaid so they may...

How to buy out other heirs to estate property?

He might have the authority, but that doesn't mean the beneficiary can't object to the sale, or even sue him for breach of fiduciary duty. He...