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Recent Revocable Living Trust questions

Story short, family revocable living trust mom has passed

long story short, family revocable living trust mom has passed that leaves my 87 year old father that now has jaw cancer and is terminal prognoses is to advanced to treat and probably won't make it thru the Christmas holiday. decided he wanted to move to Cottonwood Arizona my brother and his new girl friend move there with him this is in early June this year my brother passes away in October just passed at age 57 of liver failure. The girl friend is still living with my dad. My aunt calls me to tell me that my dad has cancer and probably won't last thru the holidays. My uncle lives in Cottonwood a couple blocks away so I call him and ask if I should come out there right away...he says your dad is awfully pissed off at you....hmmm so he said call me back at 5 this afternoon because I'm taking your dad to the doctor today. I said ok....call him at 5 and he said no you will be arrested if you do am I'm thinking hmmm where did that come from so the call ended with me saying ok. 20 minutes later I get a call from this gal she says are you Dennis I say yes she says this is your brother Gary's fiancée and I said you do know he passed away she said yes I was with him and now I'm taking care of your father and he is very private and we have a restraining order on you. I said hmm I would know if you did so she went on to say that they called the sheriff's office and gave them my name. now mind you I have never met this person nor ever talked to her before. so now I'm thing what the hell is going on out there and this took place last Friday. so Saturday afternoon me and my wife drive out to AZ from Northern California come Monday morning I call the sheriff's office and request a civil stand by so we meet the deputy a couple blocks from the house to go over the living trust. I am the successor trustee in my mom and dads revocable living trust so I'm trying to do what the trust is saying my job is. so the deputy clears is with his boss and he ran a check on the girl friend Margie Cone low and behold there is a quit claim deed for the property in AZ that belong to the trust it was quit claimed out of the trust on November 15th of this year and it's in my dads and Margie Cone's name as joint owners and the rights of survivorship.....so that's why I got a call from her trying to keep me from finding out about that before he passes away. Tried to find out if he actually did this or not I don't know the document signature doesn't match other signatures of his so I'm wondering maybe she forged it. I worked with my dad for over 12 years at the same shop before he retired several years ago and I've watched him sign his time card every week that whole time more or less so I would know his signature if anybody would. I heard thru the grapevine after I started asking question about her to different people and found out that she is addicted to pain pills. So we do go to the house and the deputy knocks and knocks on the door but no answer so we left and went to the county recorders office and got a copy of the quit claim deed.

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,074 satisfied customers
I have a revocable living trust where most of the funds will

I have a revocable living trust where most of the funds will go as a special needs trust to my disabled son upon my death. Is that adequate or would it be better to establish a irrevocable special needs trust for him now itself?JA: Since estate law varies from place to place, can you tell me what state this is in?Customer: TexasJA: Has anything been filed or reported?Customer: My living trust has been filedJA: Anything else you want the lawyer to know before I connect you?Customer: What else the attorney wants to know, I have no idea

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,074 satisfied customers
Credit card unsecured debts - the deceased has left tens of

Credit card unsecured debts - the deceased has left tens of thousands of $$$ in unpaid C.C. debts. Are the authorized users on those accounts now legally responsible for these debts ? She died owning 30/ 40 K to c.c. debts . there are authorized users on the c.c. but are they now legally liable for her debts ? There is no probate, not real property, a house that has a revocable living trust .

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Phillips Esq.

Attorney

Juris Doctor

20,232 satisfied customers
Are witnesses required for a Georgia revocable living trust?

Are witnesses required for a Georgia revocable living trust? If so, how many and is certification by a notary required?JA: What documents or supporting evidence do you have?Customer: I am drafting my living trust and can't seem to find the answer to this question in the Georgia Trust CodeJA: Anything else you want the lawyer to know before I connect you?Customer: No

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,074 satisfied customers
My mom created a 2nd living trust under questionable

My mom created a 2nd living trust under questionable circumstances, she had dementia, and my sister her caretaker is now successor trustee. I dont know any specifics or if I am even named in the trust. How do I contest it. She lived in California.

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,074 satisfied customers
Upon the death of the Grantor of a Revocable Living Trust,

Upon the death of the Grantor of a Revocable Living Trust, is the Beneficiary responsible for the Grantor's debts which cannot be liquidated with all available Grantor's assets?

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Loren

Juris Doctor

40,198 satisfied customers
My 96yo father has a Mississippi Revocable Living Trust and

My 96yo father has a Mississippi Revocable Living Trust and it went into force about ten years ago. In 2010 my wife and I kept my father at our house for a year (then he later broke his hip) and my wife was paid to help compensate for her lost wages and we were reimbursed for expenses (food, diapers, etc.) by the trust. I helped when I was not at work and I bathed daddy. While we were keeping him we had him declared mentally competent by two medical doctors and daddy legally forgave the $20,000 debt that I owed to him. Just in the past three months the trust sold some land for $30,000 and my sister A and her husband, whom have POA and are both Trustees of the Trust, said that we would get some money from the sale. Then later, sister A said that since I had not told them until this past January about the forgiven debt and that would have to count as a gift for the year. I talked to our accountant and he said that a forgiven debt can only be counted in the year that it is forgiven and it is only classified as a gift by the IRS. According to estate law (the information that I could find) a forgiven debt is just a forgiven debt and not counted as a gift and the assets are split according to the will, which in this case the money and assets are to be given a value and divided evenly four ways, each to the four siblings.Is estate law and trust law the same, or can the POA person do what they want in a trust? I could use the money now that my wife has Parkinson's and cannot work.Also my oldest sister MA had a debt of $120,000 owed to daddy and sister A forgave the debt owed to the estate about 8 years ago and sister A paid sister MA the full ¼ of the amount of the land sale, but is not counting this amount, but still seems to be counting my forgiven debt.Is my debt, by estate trust law in Mississippi forgiven and forgotten?

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,074 satisfied customers
A friend has a living trust and it is very well written. A

a friend has a living trust and it is very well written. A sister is the co-trustee and want to get everyone to sign a release to lessen their payouts while she wants to take a larger amount can she do this?JA: Estate laws vary by state. What state are you in?Customer: KentuckyJA: What documents or supporting evidence do you have?Customer: my friend gave me her copy of the Revocable living trust agreement 35 pages long.JA: Anything else you want the lawyer to know before I connect you?Customer: that should do it.

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ScottyMacEsq

Doctoral Degree

23,738 satisfied customers
WE have a revocable living trust, my husband and I, and have

WE have a revocable living trust, my husband and I, and have 2 of our sons on it also - we only have a house , nothing else, wondering if when we die , if we have credit card debt, if our sons will be legally liable to pay those. I have just come through some situations with others where the heirs/ in this case we have a trust / were not legally liable for those debts of the unsecured credit cards. What say you ?

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Damien Bosco

Attorney

Doctoral Degree

3,746 satisfied customers
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