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My name is XXXXX XXXXX my goal is to provide you with excellent service today. Before I can give you an accurate answer to your question, please provide the following additional information:
Are your children currently listed as co-owners of the property or are they included in your will as heirs to the property?
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i filled out a beneficiery form durring the original sale of the house and listed my two children ages 9 and 7 as well as my wife as the beneficiearies. i have not done an official will yet only that one document at time of sale
i belive so it was a form that asked who the beneficiaries would be if i died
Thank you for your question. A different professional here. I happen to agree with the prior professional's suggestion on trust termination.The issue here is exactly what type of trust it was, whether itw as revocable or irrevocable, what conditions may exist in the terms that would permit (or not permit) the termination of the conditions. Some trusts can be terminated, others may only be amended with beneficiary changes and formal trust addendums. I strongly urge you to have an attorney review the language to see if the trust can even be terminated at all. If it can be, you can contact your parrish courthouse to see if they have a trust cancellation packet available, or go to the link below where you should be able to find such terms for your situation:http://www.uslegalforms.com/trusts/louisiana/?puslf=gl+state+trust&mkwid=sJJPUQxqF&pcrid=5655608050&gclid=CNnr5dqJj7gCFZCY4AodjBkAcAGood luck.
would i be able to find the paperwork for this trust in the closing documents if there is a trust? i have looked through all of the paperwork and have not found the beneficiaries form that i had originally signed nor any paperwork that shows who would recieve the property if i die. wouldthis be available at the courthouse or where could i find out this information
Thank you for your follow-up.Your past attorney should have a copy of the trust documents, or you should have a copy with your closing. If not, and if your trust was filed with the courts as it should have been, you can contact the courthouse and request a copy of your file to see if the trust was evaluated by the probate courts in your area.Good luck.
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