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In Pennsylvania once the final Settlor dies, does the
In Pennsylvania once the final Settlor dies, does the Revocable Living Trust established prior tot he Settlor's death become Irrevocable? Also can a Beneficiary in Pa. refuse to accept a part of their… read more
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I need someone who knows about trustees. A sole trustee
Hello, I need someone who knows about trustees. A sole trustee moved my sons trust from a world renowed investment firm to a state bank and doesn't have the kind of experience as Morgan stanley has. A… read more
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LegalGems
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I am a trustee on a living trust established by my father
I am a trustee on a living trust established by my father (both parents now deceased). How do I remove my sister (her choice and my only sibling) and add my sons as trustees? … read more
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My father placed s business partnership and insurance
My father placed his business partnership and insurance policies in a conduit trust. He is the trustee. At 95, he is no longer able to make the business decisions required for his partnership or perso… read more
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There are two pages to an irrevocable trust. The second page
There are two pages to an irrevocable trust. The second page has only one paragraph explaining the process of successorship ie a list is to be agreed upon by current trustees and agreed to annually. T… read more
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Regarding a Special Needs Trust:How s a Binding Agreement worded: &qu
Regarding a Special Needs Trust: How s a Binding Agreement worded: "in the Estate of_____" Is the name of the Trust placed in that line? or is the name of the Trustor put there? The "estate" of the Sp… read more
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I am working on setting up a living (Inter Vivos) REVOCABLE
I am working on setting up a living (Inter Vivos) REVOCABLE trust: If the Grantor is named as the Trustee & then the Successor Trustee (who is to take over at time of death at which time trust is to b… read more
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My now deceased mother left a Trust to myself and my three siblings wh
My now deceased mother left a Trust to myself and my three siblings who are the beneficiaries (with equal shares to the assets). My youngest sister was named the Trust Executor, but now does not want … read more
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Who determines the conditions of a successor trustee? Can
Who determines the conditions of a successor trustee? Can the trustee be one of the beneficiaries and do they have to live in the same state or town as the grantor lived?… read more
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A question regarding irrevocable trusts in California law.
A question regarding irrevocable trusts in California law. What is the difference between the Executor, trustee and successor trustee? The trust attorney says that I really can't do what is stated in … read more
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The present trustee of an irrevokable trust is getting old. The successor trustee has dec
The present trustee of an irrevokable trust is getting old. The successor trustee has decided he doesn't want the job. How is that handled? How and who names a new auccessor trustee? Or should it wait… read more
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I have a trust that was written before my husband passed away
I have a trust that was written before my husband passed away 15 years ago. I am currently the sole trustee. We assigned two successor trustees to act together after my death. One has asked to be reli… read more
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How can I have A Trustee of a Trust removed for not selling
How can I have A Trustee of a Trust removed for not selling property in a reasonable time frame and not distributing equal percentages to all sons in the Family Trust as required by the the FamilyTrus… read more
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The trustee of a trust wants to resign as trustee, appoint
The trustee of a trust wants to resign as trustee, appoint his son as trustee and give up any claim to proceeds from the trust as a beneficiary. Can this all be done with documents only, or does it ne… read more
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My father and mother have a revocable trust and are trustees.
My father and mother have a revocable trust and are trustees. My father died 10/21/2011. My mother survives him but I am the successor trustee. My mother will relinquish her duties at trustee and I wi… read more
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I need advice. I am trying to relocate one Irrevocable Trust
I am trying to relocate one Irrevocable Trust and one Special Needs Trust set up by my now deceased parents from (what I consider) a financially unstable Regional Bank to a Private Bank. Can I legally… read more
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I am going round and round with the naming of trusts. I am
I am going round and round with the naming of trusts. I am the successor trustee to a revocable living trust whose grantor has died. I applied to the IRS online for a tax id number and made a mistake.… read more
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How does the successor trustee of a revokable trust reassign
How does the successor trustee of a revokable trust reassign the successor duties if they become ill and the other successor trustees have passed away?… 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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