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A trustee has signed loan docs as a person and as a trustee but only lists the trust on the deed. Any risk there?
Charles's answer
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Answered on May 09, 2013
Im not sure if anyone of this board with give the opinion you are seeking. If this is residential real property and the residence of the...
Archived
Transfer-on-death trust triggers reassessment?
Charles's answer
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Answered on May 09, 2013
I would advise against trying to do your estate plan on your own. This is a simple issue that the estate planner would be able to assist you with....
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Brother wants to give gift to me and my wife
Charles's answer
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Answered on May 09, 2013
This is a gift and its below the annual exclusion of $14,000 per donor per donee so there is no reporting for your brother. Gifts are not income...
Archived
A sibling of mine has retrieved a grant deed naming sole ownership of our only parent's Property. Can Living Trust be changed?
Charles's answer
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Answered on May 09, 2013
The trust only control the property funded into it. The fact that it mentions property does not make it part of the trust or subject to the trust...
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Mother has named me as executor, but I am in a distant state
Charles's answer
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Answered on May 09, 2013
First, you would be wise to make sure your mother's assets are in a Trust so that probate will not be necessary. On the other parts, if the estate...
Archived
Is it illegal to sign my corporate tax return, under my name as an officer, with a signature that is not my usual signature?
Charles's answer
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Answered on May 09, 2013
You can mark (sign) a legal document in anyway you want as long as its your mark and you identify it as such. People change their signatures all...
Can I rent my deceased father's house before probate is finished?
Charles's answer
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Answered on May 09, 2013
I agree with Mr. Kalamaros, if your brother agrees this should be fine. Since you are intending to own the home jointly, you shouldnt do this...
Archived
Is it possible for my mother to take money out of my trust fund account without my permission?
Charles's answer
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Answered on May 09, 2013
This was probably pursuant to an order of the court. She could only take amounts as authorized. Are you 18 now? Is there a guardianship...
Archived
I am a senior citizen trying to determine who should be the executor of my estate.
Charles's answer
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Answered on May 09, 2013
Who do you intend to name as a beneficiary? That is one option. If you are leaving the money to charity give them the right to name an executor. ...
Archived
Am I legally bound to accept my sister as trustee of a trust in which we & a third sibling are equal beneficiaries of trust?
Charles's answer
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Answered on May 09, 2013
Your question is a little unclear. I believe you are stating that Daughter A is the first named trustee. This is not for you to accept or reject....
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