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My sister and I are Successor Trustee's of our mothers
My sister and I are Successor Trustee's of our mothers Revocable Living Trust. She just passed away 3/12/18. I have 2 questions. … read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
50,307 satisfied customers
My brother and I sold my dads house that is in a revocable
My brother and I sold my dads house that is in a revocable living trust. My mom is deceased and my dad is in Memory care facility with my brother and I as POA. The proceeds of the sale were tax free f… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
Mom and Dad 1976 purchase a Deere Tractor. Mom and Dad are
Mom and Dad 1976 purchase a John Deere Tractor. Mom and Dad are deceased and both past away 1997. My 2 brothers and myself remain. 1995 Mom and Dad award their estate as they wish. In 1995 the awarded… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
50,307 satisfied customers
I have another questions that has to do with my obligations
I have another questions that has to do with my obligations as Trustee. The only reason I am acting as Trustee is because we have royalty payments each year that are ongoing. My deceased brother's wif… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
50,307 satisfied customers
I was wanting to know my legal rights about obtaining my
hi I was wanting to know my legal rights about obtaining my trust fund and personal property and what Avenue I would need to do or go about getting that I know that the trust fund is tied up in CDs wh… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 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
50,799 satisfied customers
Estate/Trust ?: My parents created a family trust a few years
Estate/Trust ?: My parents created a family trust a few years ago with 3 sons as the successors with per stirpes provisions. My mother passed away a few years ago just leaving my father. Two of the ch… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
. My brother is purchasing my father's farm from his revocable
. My brother is purchasing my father's farm from his revocable living trust and the proceeds are to be split among the five siblings is my share taxable?… read more
Richard
Richard
Owner
Doctoral Degree
50,799 satisfied customers
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
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
Estate plan. Mom & Dad had standard living trust. Dad died
Estate plan. Mom & Dad had standard living trust. Dad died in 2003, making his trust irrevocable. Discussing for when Mom passes, one brother is advocating that we NOT distribute assets from the trust… read more
socrateaser
socrateaser
35,663 satisfied customers
My biological father recently passed away this month. I have
My biological father recently passed away this month. I have been within his life for the last forty years. We were very close one of my half brothers want let me see his living trust my father was ne… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
50,307 satisfied customers
Hi My Grandmother created a living trust in 1998. She also
Hi My Grandmother created a living trust in 1998. She also named a trustee and two alternate trustee's including myself. The trust instructs that her real property be distributed to the original trust… read more
Thomas McJD
Thomas McJD
Attorney
Doctoral Degree
3,170 satisfied customers
The actors in a California Trust. 1. Brother 1 – recently
The actors in a California Trust. 1. Brother 1 – recently deceased, brother in law to my mother. His wife is also deceased. They had no children. 2. Brother 2 married to my mother for 35 years. Brothe… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
Im in the process of meeting with an Attorney on estate planning
I'm in the process of meeting with an Attorney on estate planning for my Dad. I would like to know what is the most cost effective way to do this. The attorney I spoke with is recommending an irrevoca… read more
Daniel P.
Daniel P.
Managing Attorney
Juris Doctor
2,741 satisfied customers
My Dad died in 1989. The estate tax shield was $600,000 iin
My Dad died in 1989. The estate tax shield was $600,000 iin that year. His only asset was his primary residence, which was also valued at $600,000. The Unified Credit Trust was funded with his primary… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
Mom & Dad executed Living Trust 1995. They are both Grantors, sole
Mom & Dad executed Living Trust 1995. They are both Grantors, sole PRIMARY beneficiaries, and sole Trustees. Trust does not explicitly give power to disclaim. Dad died July 2010. House and large savin… read more
Daniel P.
Daniel P.
Managing Attorney
Juris Doctor
2,741 satisfied customers
My father & mother set up a Revokable Living Trust in 1997
My father & mother set up a Revokable Living Trust in 1997 in the state of MS protecting their assets for their four children. My Mom passed in 2007. My Dad is still living but has documented dementia… read more
Daniel P.
Daniel P.
Managing Attorney
Juris Doctor
2,741 satisfied customers
How to change the trustee listed on irrevocable trust in Virginia?
Our family farm was placed in revocable trust 11 yrs. ago just before my dad passed away Done because of tax issues. My mother is trustee, but the problem is two-fold: 1- My older brother has defaulte… read more
legallysound
legallysound
Attorney
Doctoral Degree
1,324 satisfied customers

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Thomas McJD

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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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