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Mom has passed away. Original trustee passed away. Next
Mom has passed away. Original trustee passed away. Next trustee is ex-spouse (Dad) as children were underage 35yeats … read more
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Jan
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Does a fixed annuity that does not offer periodic payments
does a fixed annuity that does not offer periodic payments but merely accumulates interest considered an asset? Furthermore, can a nursing home require the annuity to be liquidated in this circumstanc… read more
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RayAnswers
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I'm a 74 year old male and a resident of Louisiana.I have
I'm a 74 year old male and a resident of Louisiana.I have one daughter who has my only biological or legal granddaughter. Here husband is a never-do-well who claims to be a realtor but he has sold onl… read more
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Have question about Irrevocable Trust my wife signed on
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In a case where the only named beneficiary to an annuity
In a case where the only named beneficiary to an annuity predeceases the annuitant, (2years) what happens to the share of the annuity? The issuer has an irrevocable beneficiary clause, and upon being … read more
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I was divorced in Dec. 2015 and all my ex-wifes assets
I was divorced in Dec. 2015 and all my ex-wifes assets belong to her, however , she never changed the beneficiary on her brokerage accounts(retirement, IRA and Roth) and was asked by her financial adv… read more
RayAnswers
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My parent has an irrevocable trust - I have requested forms
my parent has an irrevocable trust - I have requested forms to change ownership of some annuities to the trust - once I have filled out forms, how do I proceed from there ?… read more
Barrister
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My father owns an acre of land in Val des Monts, Qc.
Hello, My father owns an acre of land in Val des Monts, Qc. He would like to sell the land which was purchased when he was married but divorced since 2004. To my knowledge there were no document sayin… read more
Christopher B, Esq.
Christopher B, Esq.
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My ex husband were married for 23 years and we continued to
My ex husband were married for 23 years and we continued to share a joint bank account and payed our life insurance policies through this account. I was named as his beneficiary prior to our divorce a… read more
RayAnswers
RayAnswers
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Hi, my husband and I are about to sign a revocable trust, naming
Hi, my husband and I are about to sign a revocable trust, naming his sons as ultimate beneficiaries. I am very concerned that the trust may not be seen as marital assets in the event we divorce. How c… read more
legalgems
legalgems
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Unfortunately I forgot to read a letter from the attorney who
Unfortunately I forgot to read a letter from the attorney who planned my estate and so it is probably too late to do anything about this even if this should have been done, unless I can by a book or d… read more
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Ifthe family trust is designated to be the owner of the annuity,
Ifthe family trust is designated to be the owner of the annuity, was sole and seperate property of my father, does the surviving spouse have a right to change ownership to herself? The family trust wa… read more
socrateaser
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Can a revocable trust be changed to an irrevocable trust?
Can a revocable trust be changed to an irrevocable trust? If so, what would the procedure be?… read more
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Residence was in revocable living trust when last spouse died
Residence was in revocable living trust when last spouse died in November, 2009. Trust at her death became irrevocable and house was not sold until March, 2011 because of poor real estate market. Does… read more
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I need to know if, on a revokeable trust, when one of the main
I need to know if, on a revokeable trust, when one of the main parties is deceased, @ the trust was originally set up as the 2 siblings being Co-Trustees & 2 months after my father died, my sibling so… read more
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My mother had a will made up in nov, 2010. The lawyer dropped
My mother had a will made up in nov, 2010. The lawyer dropped the ball. Numerous calls were made. Mom never received the rough draft or anything. I am trustee according to my mother. I called attorney… read more
lwpat
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What is the best way for a spouse to protect their assets, around 200,000, when one s
What is the best way for a spouse to protect their assets, around 200,000, when one spouse is in assisted living, but might have to go to a nursing home?… read more
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Daniel Solutions
Doctoral Degree
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There is an irrevocable trust established at the death of one
There is an irrevocable trust established at the death of one of the spouses of a living trust. Beneficiaries were named and a specific amount of cash was allocated to each. The money to pay these beq… 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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