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Related Estate Law Questions
I am looking to purchase real estate in the name of the
I am looking to purchase real estate in the name of the trust. I am the trustee of a irrevocable trust and am also a beneficiary. The trust states and has the following restrictions as set up by the t… read more
Barrister
Barrister
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Ray, Question about Corporate Trustee's Resignation. On
Ray, Question about Corporate Trustee's Resignation.On August 6, 2016 I gave you a brief, yet incomplete description of a bypass trust that I am a remainder beneficiary of, that was created by the Wil… read more
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RayAnswers
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What is the statute of limitations to file a claim of trust
what is the statute of limitations to file a claim for breach of trust in Utah? what does termination of beneficiaries interest mean? does there need to be a notice of report from the trustee to have … read more
RayAnswers
RayAnswers
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Son and second wife own land/property. 1994 they both borrow
Son and second wife own land/property. 1994 they both borrow from his father. His Father is listed as trust on note and deed. 1996 son passes. Wife has right of survivorship as tenants in common. (50%… read more
Law Educator, Esq.
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If a husband and wife have a joint Revocable Living Trust and
If a husband and wife have a joint Revocable Living Trust and the wife passes away leaving all the assets in the trust, will a Trust Tax Return have to now be filed even though the husband is still al… read more
Barrister
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Under the terms of a marital trust, does a wife HAVE to spend
Under the terms of a marital trust, does a wife HAVE to spend all of the income,or just have the RIGHT to all of the income? Again,in a marital trust, doesn't the wife only have the right to covert no… read more
Thomas McJD
Thomas McJD
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In Calif. My wife and I had all assets in a family trust. She
In Calif. My wife and I had all assets in a family trust. She just died and atty says that a new trust has to be set up to take her half of the assets from the family trust. Is this correct?… read more
Richard
Richard
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My brother is listed as the beneficiary of a trust from our
My brother is listed as the beneficiary of a trust from our grandparents. The only asset is an undivided half of the property where my stepmother still lives. The deed lists her name and the trust nam… read more
Dimitry K., Esq.
Dimitry K., Esq.
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I would like to transfer my person home to a revocable trust.
I would like to transfer my person home to a revocable trust. I have no intentions to gifting it to my beneficiaries yet. I am mid 40th. Simple strategy to avoid probate. Please explain Grantor Trust.… read more
Ellen
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Its Tom in Michigan again... Are you familiar with a QTIP election
Its Tom in Michigan again... Are you familiar with a QTIP election and inheritance tax Indiana?… read more
Thomas McJD
Thomas McJD
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My moms father died many years ago and she was never provided
My mom's father died many years ago and she was never provided with a copy of the will or trust. At one point my mom hired an attorney who found out that my mom was entitled to a 25% remainder of the … read more
N Cal Attorney
N Cal Attorney
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Can an Irrevocable Trust be a Managing Member of a Limited
Can an Irrevocable Trust be a Managing Member of a Limited Liability Company (LLC) Note: We plan to go to Nevada Secretary of State to change the name of the managing member (former owner name) to the… read more
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Hal Harmon, a resident of California, died in 2010, survived
Hal Harmon, a resident of California, died in 2010, survived by his spouse Winnie Harmon and their three sons. In 1997, Hal transferred property to an irrevocable trust with his spouse as trustee and … read more
Daniel P.
Daniel P.
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My husband and I want to purchase a new motor boat for $335K.
My husband and I want to purchase a new motor boat for $335K. Our personal incomes (approx $160K combined) don't support the purchase. However, as of 1/1/2010, I will begin receiving quarterly distrib… read more
socrateaser
socrateaser
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My wife and I have a Living Trust now. She wants to make sure
My wife and I have a Living Trust now. She wants to make sure that in case she predeceases me that I won't give all of our money to a young chippie. Can our trust be modified to include a QTIP provisi… read more
Law Pro
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Under Ohio Revised Code Section 5808. 13(C) am I required to
Under Ohio Revised Code Section 5808. 13(C) am I required to provide information listed to a future beneficiary when my Trust is a Grantor Trust and I am the surviving Grantor, Trustee and only curren… read more
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Im considering establishing an irrevocable trust with my son
I'm considering establishing an irrevocable trust with my son as benefeciary. I've heard that in some circumstances the grantor or benefciary may not be trustee. We live in New Jersey. Is this true?? … read more
ProbateAttorney
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In a marital trust ; does Share A always have to be the tax
In a marital trust ; does Share A always have to be the tax exempt share for the wife by law? Also is the wife allowed to be in the other share with the other beneficiaries?… read more
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Thomas McJD

Thomas McJD

Attorney

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Wills, Trusts, Probate & other Estate Matters

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RayAnswers

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Texas lawyer for 30 years in Estate law

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RobertJDFL

RobertJDFL

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P. Simmons

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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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