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I am trying to write a revocable trust for my property in
i am trying to write a revocable trust for my property in north carolina, and i am looking for the statutes to cite in the document … read more
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My sister and I are Successor Trustee's of our mothers
My sister and I are Successor Trustee's of our mothers Revocable Living Trust. She just passed away 3/12/18. I have 2 questions. … read more
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How much is an irrevocable trust? can I still have prop. 13,
how much is an irrevocable trust? can I still have prop. 13 … read more
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How does a trustee allocate income to beneficiary? I seem
How does a trustee allocate income to beneficiary? I seem to get the highest taxed categories (ST Cap Gain, non-qual dividends).… read more
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My mother recently passed away; she left a small trust for
My mother recently passed away; she left a small trust for the (3) siblings with myself as the executor. The trust is at Fidelity Inv. What would be the approximate legal fees if I employee a lawyer?… read more
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Are death proceeds paid to the Living Trust (sole beneficiary)
Are death proceeds paid to the Living Trust (sole beneficiary) at the death of the Grantor/Settlor taxable income to the Trust beneficiaries (adult sons), upon later distribution, if the same death pr… read more
socrateaser
socrateaser
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I've got a very complicated trust question and I'm trying to figure it out. I a
I've got a very complicated trust question and I'm trying to figure it out. I am a beneficiary of a trust, but only as far as distributions. I have no ownership of the asset (a business) that the trus… read more
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I am one of three beneficiaries of a Charitable Trust. The
I am one of three beneficiaries of a Charitable Trust. The trust is a remainder beneficiary of a QTIP Marital Trust. Both trusts are administered in the state of Wisconsin. Last year, Wisconsin passed… read more
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The successor trustee of dads trust is instructed to transfer
The successor trustee of dad's trust is instructed to transfer to mom a sum equal to the maximum marital deduction allowable at my death (2013). Since the value of the trust is much less than that amo… read more
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Richard
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I am the personal representative and a beneficiary (one of
I am the personal representative and a beneficiary (one of 3 siblings) for an Estate in Maryland. The estate is selling a house to one of the 3 siblings. The estate is giving the sibling purchasing th… read more
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Thomas McJD
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Hello again, This is another question related to my question
Hello again, This is another question related to my question that you answered about 2 weeks ago. It relates to a California Estate Trust created by my parents, who are now both deceased as of July, 2… read more
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My Mother recently passed away. There is a trust stating all
My Mother recently passed away. There is a trust stating all assets are to be split equally among beneficiaries. There are 3 beneficiaries including myself. I'm the First Successor Trustee of the trus… read more
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My brother was named as successor of my fathers trust. What
My brother was named as successor of my father's trust. What are his responsiblities as successor trustee. There are three pieces of real estate in that trust. Upon selling the properties is it within… read more
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what is the difference between a distrubution of gifts and
what is the difference between a distrubution of gifts and a division into shares.. in our trust it states the 1st one of gifts distribited which is property but underneath it also says about the shar… read more
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Dad created a living trust and transferred his house and a
Dad created a living trust and transferred his house and a vacant lot into the trust. I am the successor trustee and the sole benificary. Dad passed and I am selling the properties directly from the t… read more
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My wifes mother just passed away in Indiana - her 5 brothers
My wife's mother just passed away in Indiana - her 5 brothers and sisters are about to inherit roughly $120K each - will we have to pay federal and or state of Iowa taxes on this income - we live in I… read more
Legal Eagle
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I live in Massachusetts and would like to know what wording
I live in Massachusetts and would like to know what wording should be in a will so that my wife and 2 children (one a minor) should each inherit 1/3 of my estate. Also what wording to cover the possib… read more
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Mother and Stepfather established Family Trust Agreement in
Mother and Stepfather established Family Trust Agreement in California in 1990 following mothers diagnosis with terminal illness. Mother died in 1991, trust split into A, B, and C, B & C irrevocable. … read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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