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How much is an irrevocable trust? can I still have prop. 13,
how much is an irrevocable trust? can I still have prop. 13 … read more
RayAnswers
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Client has a 1999 ILITA and would like to transfer ownership
Client has a 1999 ILITA and would like to transfer ownership and beneficiary of insurance policy to new 2016 ILITA. Trustee has power to sell or assign policy. Can Trustee assign policy by tranferring… read more
NPVAdvisor
NPVAdvisor
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My dad's widow (mother deceased 1988) is 67 years old and
My dad's widow (mother deceased 1988) is 67 years old and was married to my dad (deceased 2016, 92 years old) I've seen dads last 3 wills, first written in in 95 leaving his estate to his 4 children a… read more
Barrister
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My brother died 12/2015 in ca, leaving 1 minor daughter and
My brother died 12/2015 in ca, leaving 1 minor daughter and a 20 year old and 3 married daughters all over 30yrs. His wife predeceased him by 2 years. His life ins. through work was left to his adult … read more
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We are thinking about setting up a an irrevocable trust for
We are thinking about setting up a an irrevocable trust for our mother's small estate, which includes a business, some investments and a home. What are the tax implications of doing this ?… read more
Attorney2020
Attorney2020
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My grandfather passed away a few years ago. His Will assigned
My grandfather passed away a few years ago. His Will assigned my uncle as the executor of the estate. Everything has been paid and disbursement is ready. The issue is this; 2 Children are of age and 2… read more
RayAnswers
RayAnswers
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My brother in law is dying of brain cancer in a few days. He
My brother in law is dying of brain cancer in a few days. He has an employer paid life insurance policy for $30,000. His daughter lives in Maine and he resides in California. He has no trust. He HAS N… read more
Dave Kennett
Dave Kennett
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as a co-beneficiary of my mothers estate i just received a
as a co-beneficiary of my mothers estate i just received a copy of the first and final accounting of the settling of her estate. My step-brothers lawyer who also drew up the survivors trust for my mom… read more
Roger
Roger
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Is it legal in the State of CA for a co-trustee of a family
Is it legal in the State of CA for a co-trustee of a family trust to have an escrow company hold funds from the sale of trust property and not release them to the trust account when the trust explicit… read more
lwpat
lwpat
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My father passed in Jan 2011. He has his home, car, annuity
My father passed in Jan 2011. He has his home, car, annuity , life insurance policies in a family trust. There are 4 children who will be inheriting these monies. The total will be approximately $360,… read more
FiveStarLaw
FiveStarLaw
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I am married with two minor children. We dont have much in
I am married with two minor children. We don't have much in the way of assets, except for moderate life insurance policies. My spouse and I are each other's beneficiaries, but in the case we are both … read more
Roger
Roger
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Doctoral Degree
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My 75 year old mother has been in a nursing home for 9 years.
My 75 year old mother has been in a nursing home for 9 years. She spent her life savings of $235.000.00 for care at the nursing home in Iowa. The last 4 years medicare has helped pay for her care. My … read more
Irwin Law
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my aunt had a life insurance policy the designated beneficiary
my aunt had a life insurance policy the designated beneficiary is my son i became guardian of the money and received it from the company what can i do with it how long can i hold it before any kind of… read more
Infolawyer
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I am the successor trustee of a living trust and am not related
I am the successor trustee of a living trust and am not related to the original Trustee. The original Trustee passed last April and I have been administrating the trust as per her wishes. Regarding Sp… read more
Daniel P.
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does a beneficiary or beneficiaries have the right to see
does a beneficiary or beneficiaries have the right to see an irrevocable life insurance trust if the trust has accumulated assets even though the trust has discreationary powers? Is the trust obligate… read more
Daniel P.
Daniel P.
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can atrustee control the price on realestate if the other beneficiaries
can atrustee control the price on realestate if the other beneficiaries want to sell and the trustee wants to hold out for more money. Is the trustee allowed to counter with out the other beneficiarie… read more
LawGuy
LawGuy
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My mother passed away in 2007 in Hawaii. I am the 1st Successor
My mother passed away in 2007 in Hawaii. I am the 1st Successor Trustee of her Revocable Living Trust. My mother also left a Will. Both state that the 3 children get equal shares of all her property, … read more
Barrister
Barrister
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Doctoral Degree
5,908 satisfied customers
My father passed away in California six months ago. He had
My father passed away in California six months ago. He had a Conservator who is just now about to send the final accounting of debts to the courts. (Unfortunately his ex-wife got a hold of all his mon… 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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