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My sister has an IRREVOCABLE trust created since 2011.
My sister has an IRREVOCABLE trust created since 2011. Questions:Q1: Can she accept CASH gift less than 14K (tax-free gift) from each family member or family friend, who want to give CASH gifts to ben… read more
Barrister
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SC trust code (14) "settlor" means a person, including a
SC trust code(14) "settlor" means a person, including a testator, who creates, or contributes property to, a trust. If more than one person creates or contributes property to a trust, each person is a… read more
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Trust attorney please.What i need: Is to protect my property
Trust attorney please.What i need: Is to protect my property and investments from possible old credit card debt judgments. To be able to manage and change investments and properties while keeping them… read more
Expert
Expert
I apologize in advance for the length of this question. I
I apologize in advance for the length of this question. I have SSDI Disability for Depression, as of January 2014. I live in Chicago, Illinois. My father died in April 2016. He lived in Rochester, Min… read more
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My 87 y/o mother entered a nursing home under hospice care,
My 87 y/o mother entered a nursing home under hospice care, she is bed ridden and needs continued care. If she lives longer, she will need to apply for Medicaid. I have been taking care of all of her … read more
RayAnswers
RayAnswers
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My grandmother left me a P.O.D. CD ,000.00 I am disabled
My grandmother left me a P.O.D. CD for 35,000.00 I am disabled and get SSI. Do I have to fill out any forms for the Feds or pay an Inheritance Tax on this money in PA?… read more
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I am permanently disabled, now age 61 and have an adult daughter
I am permanently disabled, now age 61 and have an adult daughter who is almost 26, currently living with me. She has a job at a hotel chain doing laundry and cleaning rooms. I am concerned for her wel… read more
Law Educator, Esq.
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As a follow-up the assets coming from abroad will cause me
As a follow-up the assets coming from abroad will cause me to be over the estate tax exemptions. How can I inherit those assets and have it NOT included in my estate for estate tax purposes?… read more
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My mother paased away and one of her Investment Funds has my
My mother paased away and one of her Investment Funds has my minor child as benificary. The Investment firm is telling me I have to set up a Conservatoryship or Guardianship on behalf of my daughter. … read more
Attorney2020
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My mother has put my name on investments (I believe "in trust
My mother has put my name on investments (I believe "in trust for") so that when she passes away I will have it willed to me. I am concerned that if a judgment creditor where to find her investments i… read more
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Suze Orman has a trust program online and it was used for by
Suze Orman has a trust program online and it was used for by my family. There is paragraph saying children under 30 are to only get funds for basic life needs and then after 30 get lump sum. But no me… read more
Daniel P.
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I would like your opinion as to what the best decision for
I would like your opinion as to what the best decision for me would be, I have outlined a bit of detail here. Yesterday we went over the living trust and investments. I am trying to figure out the bes… read more
lwpat
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I became the sole beneficiary of two irrevocable trusts on
I became the sole beneficiary of two irrevocable trusts on my mother's death in 1987. These trusts are now administered by the PNC bank in Pittsburgh, PA that inherited them from a New Jersey bank whi… read more
TJ, Esq.
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I am in Texas and totally confused. I have a special needs
I am in Texas and totally confused. I have a special needs son (26). I have hired an attorney but cannot speak with her-she is bed ridden for a few months. I have pd $2k and she has partially prepared… read more
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How can an inheritance sum be set up to be paid out, to the
How can an inheritance sum be set up to be paid out, to the beneficiary, in small increments over time.Let's say 2 to 4 times a year. Also can this inheritance be managed as an investment , let's say … read more
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I bought a property and put it in a corp paid cash i am president
I bought a property and put it in a corp paid cash i am president but not a stock holder is it pertected from judgments against me personly its not a S corp… read more
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My Uncle recently passed away. My cousin was named as Successor
My Uncle recently passed away. My cousin was named as Successor Trustee for his Life Estate. She recently let me know that I will inherit money from the estate. What is her role as a Successor Trustee… read more
Alexia Esq.
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My elderly aunt just received an acceptance letter from Medicaid,
My elderly aunt just received an acceptance letter from Medicaid, but has to pay down $351.00. How can I help her set up a trust fund so that she can keep all the money she is entitled do in the littl… 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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