Archived
What are the options for ILIT where policy has been surrendered for cash value and money sitting in lawyers trust account.
Charles's answer
|
Answered on July 10, 2013
It depends on what the trust says, but why are the funds in the attorney's client trust account? That itself could be a breach of fiduciary duty.
Archived
In California, is there a deadline to file a petition to have someone removed as the Executor of an estate?
Charles's answer
|
Answered on July 10, 2013
There is no deadline except you must object prior to the approval of a noticed account or report or the order approving final distribution. That...
Archived
My grandfather set up a trust for my dad to live off the interest & upon his death the principle split with my brother
Charles's answer
|
Answered on July 10, 2013
Allowed by who? Also, the trust needs to be review to make sure there was not a general power of appointment in your father. In addition, there...
Archived
Is there an advantage revising my revocable trust and assigning all my children as beneficiaries on my life insurance?
Charles's answer
|
Answered on July 10, 2013
It sounds like its been a while since you had your trust reviewed. You would be best served meeting with an estate planning attorney and going...
Archived
Is a step up in cost basis allowed for a trust originating in Az. when one spouse dies?
Charles's answer
|
Answered on July 10, 2013
If the trust was revocable and the assets considered part of the decedent's estate, the tax basis on 100% of community property steps up to fair...
Do you have to distribute the trust agreement to the beneficiaries?
Charles's answer
|
Answered on July 10, 2013
I agree with both counsel. Its simply good practice. You dont want the appearance that you are hiding something. That said, if your are...
Archived
Can a power of attorney be revoked if the person who signed it was not able to make an informed decision?
Charles's answer
|
Answered on July 09, 2013
The child's financial situation is not the focus. The issue is whether the parent had contractual capacity and was acting of the parent's own free...
Archived
If I was married for 9 years to a man that died 10 years later can I draw survivor benefits?
Charles's answer
|
Answered on July 09, 2013
Are you saying you were divorced when he died? Not married? If so, then no, you are not entitled to survivor benefits.
Archived
Does a Living Trust replace the need for a having a will?
Charles's answer
|
Answered on July 09, 2013
No. Even if you have a fully funded trust, you should still have a will in case something is missed or probate is needed for some other reason. ...
Archived
Following the death of an individual, should a will be brought to the county office by a family member or should an attorney?
Charles's answer
|
Answered on July 09, 2013
It doesnt matter who does it as long as it gets filed.
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained