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This is an Estate Law question. I found the following
This is an Estate Law question. I found the following statement from a law firm. Is this true? "A revocable trust avoids probate by effecting the transfer of assets during your lifetime to the trustee… read more
RayAnswers
RayAnswers
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Our parents passed away leaving three daughters there
Our parents passed away leaving three daughters there property. The only problem we have is the house is listed as Frank carpenter and pauline carpenter living trust fund listing daughters to receive … read more
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3 adult siblings are the only 3 beneficiaries of the family
3 adult siblings are the only 3 beneficiaries of the family home. After grantor of the revocable trust (mother) dies, what happens to the distribution process if at least one of the beneficiaries does… read more
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N Cal Attorney
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What rights does a life estate tenant (Califonia) have if
what rights does a life estate tenant (Califonia) have if the trust document does not specify conditions? the life estate document was an amendment to the trust and granted quickly without documenting… read more
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I currently live in a house with my brother that is held in
I currently live in a house with my brother that is held in an irrevocable trust established by a deceased uncle. The trust is passive, no income or distributions have been done and no tax returns hav… read more
Richard
Richard
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My father set up a standard revocable trust for my home. He
My father set up a standard revocable trust for my home. He died and the trustee tells me now I have to buy it or it gets sold per the attorney. Can she really do that? Help!… read more
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Jack R.
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My grandmother passed away 5 years ago and left my aunt as
My grandmother passed away 5 years ago and left my aunt as the head of the trust ( for my brother and I). We are the only 2 beneficiaries. Well, one of the items in the trust is a 4-flat apartment bui… read more
LegalGems
LegalGems
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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
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I am the sole beneficiary to a small trust. Does the trustee
I am the sole beneficiary to a small trust. Does the trustee ever have to show me what he has done with the money or assets? I would trust this man with my life. The trust was my idea and I hand-picke… read more
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I am trustee of my parents revocable living trust. Dad passed
I am trustee of my parents' revocable living trust. Dad passed in 2010 and Mom passed this month. Both were residents of Virginia. The beneficiaries of the trust are my brother & myself and we are to … read more
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Our mother is 85 years old and has severe dementia. She is
Our mother is 85 years old and has severe dementia. She is in a nursing home in So. Calif. She owns a residential property there which we need to sell to pay for her continuing care and medical expens… read more
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socrateaser
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California only, question about family trust Only for california
California only, question about family trust Only for california attorneys or somebody who knows california law. I am married here in california. My wife and I purchased a house and the houses is only… read more
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I am am an 80 year old retired University Professor. My wife
I am am an 80 year old retired University Professor. My wife and I own a house in Northern California which is becoming our permanent residence. our tax residence is still a house in Los Angeles Which… read more
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When the trustor of a revocable living trust dies & the successor
When the trustor of a revocable living trust dies & the successor trustee then steps up to fulfill the requests of the, now irrevocable trust, & the successor trustee is not a blood relative, but is t… read more
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Can Anyone other than the Independant Trustee ( in his sole,
Can Anyone other than the Independant Trustee ("in his sole, absolute and unreviewable discretion, shall have the power, the exercise of which shall be absolutely binding on all persons interested now… read more
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If the trust instrument specifically instructs the trustee
If the trust instrument specifically instructs the trustee to administer and hold a spcific beneficiary in a seperate trust that is revocable upon certain conditions and left up to the discretion of t… read more
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After a death of a maried person in California who has avoided
After a death of a maried person in California who has avoided probate through use of living trust, no personal assets, etc are there still legal matters that have to be resolved byfamily , administra… read more
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What is an executor of a trusts role How does it differ
What is an executor of a trust's role? How does it differ from a power of an attorney? I have sole power of attorney - Do I have the right to put my mother's home up for sale in order to pay for her c… 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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