When must trustee disburse assets that are left "free of trust"? When must trustee stop using trust funds to modify assets?
Charles's answer
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Answered on January 24, 2012
As stated, its a reasonable standard. That said, the Trustee is not in an eviable position and is making it worse by doing what he/whe wants. ...
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I was made an interested party and was made Pro Per in my Father's probate.
Charles's answer
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Answered on January 24, 2012
A letter to a judge in the manner you are proposing is a prohibited ex parte communication. It is not clear the status of the probate. Was an...
Does a schedule of assets need to be signed by the trustees and notarized?
Charles's answer
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Answered on April 28, 2011
Schedule A is usuall referenced in the document as a transfer from the Settlor(s) to the Trust. That identification in the trust creates an...
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My dad is sole trustee of his trust of which I am the sole beneficiary. I have PofA for all his finances.
Charles's answer
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Answered on April 28, 2011
Your question does not make clear if you are the current beneficiary of the trust or the remainder beneficiary upon your dad's death. My answer...
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My mother died in Nov, I am sole beneficiary and there is a pour over. She has 5 prop in Mex Do I need to get wil translated
Charles's answer
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Answered on April 07, 2011
I am sorry to hear about your loss.
The disposition of property in Mexico will pass under the law of Mexico or the state or region in which the...
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My father is in a coma, in californis.
I want to have a power of attorney to decide for him, for he does not have any. Thanks
Charles's answer
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Answered on April 07, 2011
If your father did not have a valid power of attorney or advanced health care directive, then you would have to apply to become conservator of his...
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How do I switch power of attonery for a my grandfather?
Charles's answer
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Answered on April 07, 2011
The answer depends on your grandfather's capacity and the wording of the document. As a general rule powers of attorney are revocable. If so, and...
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For the inventory, does each item in will need to be listed sererately?
Charles's answer
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Answered on April 07, 2011
As a general rule, you can lump them together and advise the probate referee a general discription and condition of the items and well as your...
Archived
Changing estate account to another bank?
Charles's answer
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Answered on April 07, 2011
The first question is why are you maintaining an estate account for several years. Your fiduciary duty is to close the estate in a reasonable...
Archived
My husband passes away, his mother is still living and has my husband as an heir in her trust Who inherits ? His children?
Charles's answer
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Answered on April 07, 2011
First my condolences on your loss.
As to your question, the trust agreement controls. The trust could say what happens if he predeceases. If...
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