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Does a revocable trust always become irrevocable upon the
Does a revocable trust always become irrevocable upon the death of the Grantor? … read more
Richard
Richard
Owner
Doctoral Degree
50,797 satisfied customers
MY father has died leaving the estate to my mom which is in
MY father has died leaving the estate to my mom which is in a living trust. My mom is now 91 and in a rest home and has given power of attorney to my oldest sister. There are three children in the fam… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
I am the trustee of an irrevocable house trust, the house is
I am the trustee of an irrevocable house trust, the house is the only asset in the trust. My mother was the grantor and has been deceased for over 3 years. I would like to dissolve the trust as the re… read more
Maverick
Maverick
Doctoral Degree
6,715 satisfied customers
Can someone put property into a irrevocable special needs
Can someone put property into a irrevocable special needs trust, then 10 years later when it is sold for a profit, claim they didn't mean to put it in the Trust and demand they get paid 1/2 of the pro… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
I am the trustee of an irrevocable grantor trust with Crummey
I am the trustee of an irrevocable grantor trust with Crummey powers established by my mother. My mother has limited testamentary power of appointment so that she can still count the trust income on h… read more
Richard
Richard
Owner
Doctoral Degree
50,797 satisfied customers
Question: My three brothers and I are trustees Irrevocable
Question: My three brothers and I are trustees for an Irrevocable Living Trust granted by my father (still alive but ailing). We are also the beneficiaries. One of the brothers is in a tight spot fina… read more
Richard
Richard
Owner
Doctoral Degree
50,797 satisfied customers
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
Richard
Richard
Owner
Doctoral Degree
50,797 satisfied customers
my step mother, Diane, is terminally ill and will pass away
my step mother, Diane, is terminally ill and will pass away within the next month, if not sooner. My father passed away 10 years ago. There is a trust in place while both were alive that is still in e… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
We are thinking about setting up a an irrevocable trust for
We are thinking about setting up a an irrevocable trust for our mother's small estate, which includes a business, some investments and a home. What are the tax implications of doing this ?… read more
Attorney2020
Attorney2020
Lawyer
2,480 satisfied customers
My mother just died, her house was in trust. I am the successor
My mother just died, her house was in trust. I am the successor trustee and also the executor. I just sold her house as the successor trustee. Did I make a mistake… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
my mother placed her home in an irrevocable trust. If she sells
my mother placed her home in an irrevocable trust. If she sells the home does the trust pay the capital gains? if it does, can she put the house back in her name to avoid the gaiins tax? It not more t… read more
socrateaser
socrateaser
35,656 satisfied customers
My mother & father set up a revocable living trust in 1995
My mother & father set up a revocable living trust in 1995 and their home was vested in that trust. My father died in 2007 leaving my mother a sole grantor & trustee. She I now taking out a mortgage (… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
My Father and step mother had their house, and I believe other
My Father and step mother had their house, and I believe other assets, set up in a revocable trust. My Father passed first. As I understand it that would turn it into an irrevocable. My step mother ha… read more
Dave Kennett
Dave Kennett
Doctoral Degree
25,741 satisfied customers
How can my mother designate a trust for her real estate property
How can my mother designate a trust for her real estate property to her seven children? I hope you understand the question.… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,988 satisfied customers
Hello, I am from the State of Massachusetts. My Dad passed
Hello, I am from the State of Massachusetts. My Dad passed away 1 yr ago next month. My Mom and Dad had an Irrevocable Trust they made in 1996, naming myself and my brother as Trustees. We have 2 more… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
Can Anyone other than the Independant Trustee ( in his sole,
Can Anyone other than the Independant Trustee ("in his sole, absolute and unreviewable discretion, shall have the power, the exercise of which shall be absolutely binding on all persons interested now… read more
Daniel P.
Daniel P.
Managing Attorney
Juris Doctor
2,741 satisfied customers
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
VanDLaw
VanDLaw
Attorney
Juris Doctor
828 satisfied customers
My mother established a Family Trust and she is deceased.
My mother established a "Family Trust" and she is not deceased. My sister is trustee. I see no evidence that the trust has been filed with IRS. Should it have been and is it now valid without the fili… read more
VanDLaw
VanDLaw
Attorney
Juris Doctor
828 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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