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My husband is one of three beneficiaries of a generation
My husband is one of three beneficiaries of a generation skipping trust set up by his mother. The other 2 beneficiaries are his ex-wife, and estranged son. The terms of the trust are that the benefici… read more
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I'm 1 of 2 co-Trustees of an Irrevocable Trust. My co-Trustee withdrew a large amount of money from the Trust bank account and distributed the money to persons not eligible to receive it according to … read more
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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
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My mother died 11/2010. In June 2013 I filed a petition to
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Should trustee be using the anticipated market value of a home
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I HAVE A CLIENT WHO IS THE TRUSTEE TO A REVOCABLE TRUST. THERE ARE ONLY 2 SIBLINGS. WHEN THE TRUST WAS SET UP ONLY THE HOME, LAND AND CATTLE WERE LISTED. THE CHECKING ACCT, 2 CARS AND IRA WAS NEVER LI… read more
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Hi, My brother created a Trust just prior to his death this
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My father recently passed away and his insurance policy paid
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My parents have both passed, and had signed a revocable living
My parents have both passed, and had signed a revocable living trust and they were the trustees, my brother and I are now the co-trustees. Their house and multiple annuities are all in the trust. They… 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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