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My stepmom passed away in May and is having my sisters and
My stepmom passed away in May and is having my sisters and my inheritance put into a sub trust with my brothers as the trustee and her two sons as the beneficiaries. My brothers and her sons are getti… read more
Law Educator, Esq.
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My husband's father had a stroke last August and died 30
My husband's father had a stroke last August and died 30 days later in September. His father had made his brother POA back in 2009, because he was the oldest. My husband's father put only my husband o… read more
Maverick
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I have a property that is in a trust that I receive rent
I have a property that is in a trust that I receive rent for is this rent and profits considered income an must be reported to Maryland and IRS?… read more
Barrister
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Does the IRS check the beneficiaries records before the estate
does the IRS check the beneficiaries records before the estate closes. what if your spouse has taxes owed? how do judgements find out when a trust is closing… read more
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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
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My dad killed himself and left no will. He had a million
My dad killed himself and left no will. He had a million dollar life insurance policy that named his brother as beneficiary. He also left a typed and signed letter stating that all the money should be… read more
Barrister
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I am the trustee of my fathers irrevocable trust. My father
I am the trustee of my father's irrevocable trust. My father gifted the family home to my brother with the verbal understanding that my brother would receive the house as a gift, but my brother would … read more
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My father asked my son to be on his joint savings passbook
My father asked my son to be on his joint savings passbook with him because my younger brother was on it and has been stealing his money for the past year. As soon as my father did this with my son ( … read more
socrateaser
socrateaser
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My 89 yr old father died 2 months ago and shortly after I get
My 89 yr old father died 2 months ago and shortly after I get a letter from my Dad and stepmothers attorney saying my brother and I get no inheritance at this time. The letter also says there is an am… read more
Dave Kennett
Dave Kennett
Doctoral Degree
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Hello....my brother and I are co-trustees on my fathers estate...he
Hello....my brother and I are co-trustees on my fathers estate...he passed July 3, 2011....we inherited 3 houses that we use as rentals...the problem is my brother lives in the town where the houses a… read more
DamienJD
DamienJD
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My husband is 20% owner in a family land trust. We have been
My husband is 20% owner in a family land trust. We have been married 27 years. He inherited the land 17 years ago. The land is in Illiniois, We live in Indiana. We set up a revocable trust for our per… read more
dkennedy
dkennedy
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My 86 yr. old father has a family trust fund. Does that make
My 86 yr. old father has a family trust fund. Does that make him ineligible to apply for medicaid?… read more
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My father has set up an irrevocable family trust with myself
My father has set up an irrevocable family trust with myself and my two brothers as beneficiaries. As the trust grantor, my father currently makes decisions as to how the trust assets are distributed … read more
lwpat
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If my mother sets up a revocable living trust. Upon her death,
If my mother sets up a revocable living trust. Upon her death, what are the pros and cons of giving me, the "trustee" and only living child besides my father and her husband the money outright or sett… read more
socrateaser
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Without using an irrevocable trust (strong preference of Dad),
Without using an irrevocable trust (strong preference of Dad), is the best way to avoid estate/inheritance taxes to have joint accounts or have beneficiaries? My 83 year old father will pass away soon… read more
lwpat
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if my children inherited money from a great uncle why is my
if my children inherited money from a great uncle why is my father the grantor of their trusts… read more
Infolawyer
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In NC, my ex-husband was appointed executor and trustee for our two sons to inherit f
In NC, my ex-husband was appointed executor and trustee for our two sons to inherit family property when youngest turns 21 which occurs June 2011. Ex as trustee failed to pay property taxes for 10 yea… read more
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Daniel P.
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I currently am my mothers POA and Ive been living in Her
I currently am my mother's POA and I've been living in Her Home careing for her for the last 3 1/2 years. When my dad died in 2007 he had a poor over will that went into a Trust. The Revocable Trust w… 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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