Estate Law

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My situation is that of 3 siblings who have inherited their
My situation is that of 3 siblings who have inherited their childhood home from their Mother. The eldest sibling strongly wants to live in the home till he & his wife pass. He wants to buy out the oth… read more
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My brother and I have a couple of questions regarding changes that have been made to the Family trust since my father passed. … read more
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I currently live in a house with my brother that is held in
I currently live in a house with my brother that is held in an irrevocable trust established by a deceased uncle. The trust is passive, no income or distributions have been done and no tax returns hav… read more
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My father will not live much longer. My mother died 1.5 years
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Hello there, The reason for a trust has gone away. Should
Hello there, The reason for a trust has gone away. Should I keep it anyway? It includes my house, checking account and investments. My IRA couldn't be included. My children are the beneficiaries and t… read more
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In the state of FL, if an irrevocable trust agreement, (established
In the state of FL, if an irrevocable trust agreement, (established solely to manage funds of the sale of a condo 5 years ago) has money in it for needs of an elderly peron (my mother), then what happ… read more
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I am one of 6 adult children. Our elderly parents want to transfer
I am one of 6 adult children. Our elderly parents want to transfer their summer home to me for $240,000 and distribute the proceeds to my siblings. Their basis is $80,000. What is the best way to effe… read more
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I AM TRUSTEE OF AN IRREVOCABLE TRUST MY WIFE SET UP AFTER
I AM TRUSTEE OF AN IRREVOCABLE TRUST MY WIFE SET UP AFTER BEING DIAGNOSED WITH LOU GEHRIG'S DISEASE. THE TRUST OWNS 20% OF A SUB-S CORP. AND HER 4 BROTHERS OWN THE REST. A COUPLE OF MONTHS INTO HER DI… read more
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My mother owned a life insurance policy placed in a irrevocable
My mother owned a life insurance policy placed in a irrevocable trust and her brother was trustee.In 2001 the insurance company went from a mutual to a stock company and issued her the stock ather hom… read more
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Meet the Experts:

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Barrister

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P. Simmons

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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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