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My wife and I recently setup our wills and also setup a
Hello,My wife and I recently setup our wills and also setup a trust. The lawyer we had advised us to have 2 separate trusts. I wasn't sure about it so I went with it but it seems kind of odd to me eac… read more
Loren
Loren
41,339 satisfied customers
I am the trustee of my parents trust as by last parent recently
I am the trustee of my parents trust as by last parent recently passed away. I have two sisters. I also have two sons and a daugher. My parents raised my two sons. In their trust, my parents left spec… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
6,613 satisfied customers
I am married - 2nd marriage. we keep our finances separate
I am married - 2nd marriage. we keep our finances separate always have. But i am worried now because of the what I did. I purchased 3 rental properties. I got a mortgage on each one. My broker said it… read more
J. Warren
J. Warren
Attorney
Doctoral Degree
2,307 satisfied customers
I own waterfront property in Connecticut. I am 61 retired my
I own waterfront property in Connecticut. I am 61 retired my wife is 58 working full time. I would like to entertain a living trust with my two sons 29 & 31 yrs. of age. Our desire is to spend some ti… read more
Richard
Richard
Owner
Doctoral Degree
53,211 satisfied customers
In Calif. My wife and I had all assets in a family trust. She
In Calif. My wife and I had all assets in a family trust. She just died and atty says that a new trust has to be set up to take her half of the assets from the family trust. Is this correct?… read more
Richard
Richard
Owner
Doctoral Degree
53,211 satisfied customers
me and my wife want to setup something to to take care of my autistic child in the event o
me and my wife want to setup something to to take care of my autistic child in the event of our death, what is the best way to go about this. my daughter-in-law and oldest son would take care of him.… read more
J. Warren
J. Warren
Attorney
Doctoral Degree
2,307 satisfied customers
My parents set up living trust for me and my brother. My mom
My parents set up living trust for me and my brother. My mom passed away 6 years ago and my father passed away 2 months ago. 8 days after my father's death my brother died from heart attack. According… read more
RobertJDFL
RobertJDFL
Attorney
Juris Doctorate
1,618 satisfied customers
My father-in-law passed away in September. He had established
My father-in-law passed away in September. He had established a trust which included his home, investment account and bank account. My husband (his son) was designated successor trustee. Following his… read more
lwpat
lwpat
Doctoral Degree
6,615 satisfied customers
What are the time limitions imposed and estate tax credit
What are the time limitions imposed and estate tax credit exemption gained after the death of the first spouse when one establishes a credit shelter trust?… read more
socrateaser
socrateaser
36,459 satisfied customers
my 12 year old sons father died yesterday. who is next of
my 12 year old son's father died yesterday. who is next of kin in texas the child or his mother in new york. he had no will, but i the parent of his child was left in charge of living will. his mother… read more
Barrister
Barrister
Attorney
Doctoral Degree
6,741 satisfied customers
We are trying to decide whether a trust or will is best. My
We are trying to decide whether a trust or will is best. My spouse and I have children from previous marriages. He has a son that helps with the ranch,it is in A corporation, and he has some shares an… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
Here is the situation I am the executor of my mothers estate
Here is the situation I am the executor of my mothers estate in Prince William Va.and in article 3 of the trust it states... DISPOSITION AFTER MY DEATH Upon my death, my trustee shall distribute the a… read more
socrateaser
socrateaser
36,459 satisfied customers
All of my properties are owned jointly by my wife and myself,
All of my properties are owned jointly by my wife and myself, We have established our adult children as equal beneficiaries on all of the property except our home which is a condominium and is our ful… read more
Loren
Loren
41,339 satisfied customers
I have 12 million dollars in assets my wife has 2.6 million
I have 12 million dollars in assets my wife has 2.6 million dollars in assets. In addition, I have two children from a previous marriage and my wife has a son from a previous marriage. How can I use a… read more
socrateaser
socrateaser
36,459 satisfied customers
My wife and I have separate Revocable Living Trusts.I have
My wife and I have separate Revocable Living Trusts.I have 2 children by a previous marraige. Each of us has a marital trust, a family trust and pour over will integral to the structure of each docume… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
Two questions (1). We are creating an AB Trust, in California,
Two questions: (1). We are creating an AB Trust, in California, and need an answer to the following: We want to leave 50% to each of our two children, children from earlier marriages. Is there a way t… read more
socrateaser
socrateaser
36,459 satisfied customers
ABOUT WHAT SHOULD THE COST BE TO SET UP A TRUST FOR MY WIFE
ABOUT WHAT SHOULD THE COST BE TO SET UP A TRUST FOR MY WIFE AND I AND ONE SON ON ESTATE OF HALF MILLION NET WORTH… read more
socrateaser
socrateaser
36,459 satisfied customers
I am wondering if my Mother can change the beneficiaries that
I am wondering if my Mother can change the beneficiaries that she and my late Father had from my brother and myself (each receiving 50/50 of the remaining assests upon my Mother's passing(each share w… read more
socrateaser
socrateaser
36,459 satisfied customers

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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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