Legal advice on Taxes and estate planning

Deceased lady's children are filling out small estate affidavit so one of the kids can collect an insurance policy payout (original beneficiary has died so payout is reverting to estate). However, can all the heirs sign and have the payout released in equal portions to all of them? Or can only one affidavit declarant receive the asset and then (if they honor the agreement with their siblings) distribute it to the other children too?

Is there any reason to move the house out of a revocable trust before selling? Are there any tax implications? If you are no longer a resident of the state where the trust was set up (California) does that matter? The house was previously a principal residence before moving out of state. Furthermore, are there any California tax implications of linking a current investment account into the same California trust? Again, we have moved (to Hawaii and pay taxes there), but the proceeds need to go into a trust account according to the title company.

Trying to see if people all pay the same or does it come out all together or do we each have different capitol gains tax amount to pay house was in wilmington California I live in long beach ca

I have written a holographic will because people were reluctant to sign a printed will and with a holographic will I don't need to have it witnessed.

I live at my grandmas and took care of her n my mom the last 10years. Both died in February. The house is in my grandmas will to be sold n have profit split between her 3 kids. Because my mom died me n my brother get her portion supposedly. In mean time I've been living n paying all bills for house. My uncle the trustee all of a sudden wants me n my kids out in 3 days. Is he considered a landlord to me so he should have to give me 30 days notice?

Our trustee for my dad’s irrevocable trust is also the sole officer of a c Corp which is wholly owned by the trust. The trustee’s lawyer is not the lawyer foe the corp. I understand if the trustee’s lawyer were to advocate for him as a beneficiary, that crosses the line as the trust lawyer must do what’s in all beneficiaries best interest, correct? Does the same apply to corporate? Aka if we subpoena the corporation would it be a violation for the trust lawyer to get involved in preparing responses to the subpoenas for instance?

My grandfather passed away and he left a will I was told by his son in-law. He told me her renewed it 3 months before his passing. I can't find it and my grandmother had me my brother and cousin sign our rights over to her somehow. Basically told us we didn't have a choice. She said my grandpa wrote a note to her leaving her some apartment complexes. She sold them for 500,000,000 and we each only got a very small portion. I was told my grandpa had a lot me ore property I don't no how to find it. My grandpa died and both his son's died leaving us 3 grandchildren and that's it. I feel their is more to all of this and I'm lost on how to find any of his assets.

I would like to move my stock portfolio into an LLC for protection of assets (separating it from my personal net-worth). Say for example I move $50k worth of cash into the LLC. Can I withdraw this $50k from the LLC tax free, or does the withdrawal of my contribution suddenly become taxable since it was placed into an LLC and is now being withdrawn?

My mom died and she had a revocable trust. I and my 2 sisters are the co-successor trustees. I am filling out the EIN online. Do I put my Mom's Social Security number anywhere on the form? Is she the "Responsible party" or am I? I am putting my name and address as the trustee because only 1 name fits even though my 2 sisters are co-successor trustees. Correct? Does it matter if I live in AZ and Mom's assets are in AR? The assets for the trust with the EIN will be stocks, mutual fund, cash, car and a house. Thank you!

Need to sell items place in trust after my dads death Could I sell house to my sister although a beneficiary at FMV?