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I'm the beneficiary of a trust. It does not pay out for 5
I'm the beneficiary of a trust. It does not pay out for 5 more years. I would like to get a loan against it. Can this be done and are there lenders that specialize in this? … read more
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In the state of Ga - can an irrevocable trust be dissolved if all parties agree and it is in best interest of all parties? … read more
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Differences with A Revocable Trust, A Residuary trust and a
Differences with A Revocable Trust, A Residuary trust and a Life Time Trust … read more
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I have more questions on an irrevocable family trust. 1) How
I have more questions on an irrevocable family trust. 1) How much time in state of Oklahoma has to pass before an irrevocable trust is protected from chapter 7 bankruptcy? I am finding out now the gra… read more
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My dad's trust is irrevocable. He would like to make changes
My dad's trust is irrevocable. He would like to make changes but there is a clause written down as the continuation of GST Family that each male child born to settlor son and his spouses is qualified … read more
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Can a sole beneficiary (FL resident) dissolve in inter vivos
Can a sole beneficiary (FL resident) dissolve in inter vivos trust where the trustor (RI resident) is deceased and there is an existing contingent beneficiary.… read more
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If a trust owns a home and sells it, does it have to pay capital
If a trust owns a home and sells it, does it have to pay capital gains like an individual would? If the trustees dissolve the trust subsequently, each receiving their share of the proceeds, will they … read more
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Mother and father left an irrevocable trust. The trust assets
Mother and father left an irrevocable trust. The trust assets are to be distributed " ..by right representation.." to the heirs of their bodies 21 years after the death of the last orginal trustee (wh… read more
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I am a foreign investor who live outside US. I have real estate
I am a foreign investor who live outside US. I have real estate property in US which is registed in my name as the Sole Owner. I want to know the simplest way of passing the property to my wife/childr… read more
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In regards XXXXX XXXXX Intentionally Defective Grantor Trust (IDGT)
In regards XXXXX XXXXX Intentionally Defective Grantor Trust (IDGT) Will the power of an independent trustee to distribute to the grantor income for health education and welfare—but not principal, cau… read more
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Im Trustee of my Fathers Trust. The Trust receives a 1 yearly
I'm Trustee of my Fathers Trust. The Trust receives a 1 yearly MRD from a non-spousal inherited traditional IRA. Taxes are with-held from the MRD and I file a 1041/ 541 Trust Tax returns. The "trust" … read more
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I want to set up trust funds for my disabled son and for each
I want to set up trust funds for my disabled son and for each of my grandchildren. What are the advantages/disadvantages of an irrevocable over a revocable trust fund?… read more
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I am trying to understand how to set up a land trust. My father
I am trying to understand how to set up a land trust. My father has dementia and I have power of attorney. My mother is concerned about taxes and probate and the like. I know moving their house into a… read more
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In Pennsylvania, can my son serve as the trustee of my irrevocable
In Pennsylvania, can my son serve as the trustee of my irrevocable trust? He is also a beneficiary to the trust. If not, can my son in law act in that capacity as he is an attorney? He is not a benefi… read more
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Yes, The 2nd question, is prior to the death of the grantor,
Yes, The 2nd question, is prior to the death of the grantor, he made a notation of a loan to benificiary (B), (B) said it was not a loan but a partial distribution(early). Beneficiary (A), wants the f… read more
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can a co-trustee of a qtip trust change the disposition of
can a co-trustee of a qtip trust change the disposition of the trust without consulting the other trustee who is also the beneficial income trustee… read more
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We have two co-trustees of a revocable family trust. they
we have two co-trustees of a revocable family trust. they have the say so on what is done.they cannot agree on anything but they are share and share alike. they wish to disolve the trust. the state of… read more
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I am the beneficiary (6 total equal beneficiaries) and executor
I am the beneficiary (6 total equal beneficiaries) and executor (1 of 2) of an irrevocable trust that holds real estate properties. My father died 3 years ago, my stepmother has onset dimentia. Her da… 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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