Can the grantor of an irrevocable trust legally transfer a property in the irrevocable trust to a trustee via quitclaim deed?
Gregory's answer
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Answered on May 13, 2015
The "terminology" of trusts is often confusing, so no worries about asking your question. The answer you are looking for DEPENDS largely on...
Archived
Does the trustee of a "self-settled trust" have to be a resident of Nevada?
Gregory's answer
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Answered on May 07, 2015
Use of a Nevada self-settled irrevocable trust for asset protection can be a VERY useful tool--protects assets from creditors, UNLESS you have a...
When bank accounts are in a trust are the signers on the account limited to the trustees of the trust?
Gregory's answer
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Answered on May 06, 2015
The bank will probably tell you he can't remain on the account IF the account is owner of the account. SOME banks (and it varies) will allow him...
Can my stepsister claim the contents of my stepfathers bank account and insurance considering there is a will and a trust?
Gregory's answer
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Answered on May 05, 2015
Generally a person named on a joint bank account and/or as beneficiary of a life insurance policy KEEPS those funds--BUT if they used a Power of...
Archived
Does a will render a Power of Attorney null and void.
Gregory's answer
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Answered on May 02, 2015
A Power of Attorney ceases to exist when the person granting it (your friend) dies. You have no POA to use at this point--the Will supersedes now...
Archived
The statutes for probate issues are just not long enough..Esp. those that involve fraud due to it's not discovered until...
Gregory's answer
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Answered on May 02, 2015
TOO MUCH info for this kind of posting. If you WANT to change things, go see a probate lawyer.
Good Luck,
Greg J.
Reno, NV
Can two people have power of attorney and durable power of attorney at the same time. if so does each person need form
Gregory's answer
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Answered on May 02, 2015
Yes, more than one "agent" can hold POA powers, BUT banks REALLY dislike that. Besides, giving two people equal POA increases the risk one of them...
Archived
How long does a child have to make a claim on an estate with no will?
Gregory's answer
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Answered on May 02, 2015
Usually in cases like this I engage an heir search firm--genealogists who locate people or determine they are deceased. If she's deceased, you can...
Archived
I want to do a petition to avoid probate for estate under $150,000. Can I calculate the property interest of decedent only?
Gregory's answer
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Answered on May 02, 2015
The answer provided by Alan Armstrong is very helpful. My advice is that you go see a probate lawyer and take a copy of the title/deed to the...
Archived
Am I entitled to any of my deceased fathers estate?
Gregory's answer
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Answered on May 02, 2015
You need to know a few things: #1. Who is the title OWNER on your father's house--if he owned it as a joint tenatn w rights of survivorship w his...
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