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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
50,664 satisfied customers
My father, now deceased sent up a marital trust. this trust
my father, now deceased sent up a marital trust. this trust "was for the benefit of my wife and two sons." my mother, now 93 and in and alzheimer facility, has her own separate trust which covers her … read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
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
RayAnswers
Attorney
Doctoral Degree
50,664 satisfied customers
My wife and I have a Revocable Family Trust in which we name
My wife and I have a Revocable Family Trust in which we name our two children as equal beneficiaries upon the death of the surviving spouse. My wife died about 20 year's ago and I immediately set up a… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
3,224 satisfied customers
My mother had a California family revocable trust. The three
My mother had a California family revocable trust. The three surviving sisters are Successor Trustees. The Trust states that any party can act independently and majority vote applies. In the trust she… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
50,664 satisfied customers
What happens to the assets of an irrevocable trust when the
What happens to the assets of an irrevocable trust when the creator dies? How are the assets handled or distributed? Is it a good idea to have a child of the parents creating the trust be the trustee?… read more
RayAnswers
RayAnswers
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Doctoral Degree
50,664 satisfied customers
My husband and his three siblings might have to go to court
My husband and his three siblings might have to go to court to find out what his deceased mother's and stepfather' will/trust bequeathed to them. The trustee of the estate won't give us any info (almo… read more
Barrister
Barrister
Attorney
Doctoral Degree
5,908 satisfied customers
My dad's trust is irrevocable. He would like to make changes
My dad's trust is irrevocable. He would like to make changes but there is a clause written down as the continuation of GST Family that each male child born to settlor son and his spouses is qualified … read more
Attorney2020
Attorney2020
Lawyer
2,480 satisfied customers
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
Lawyer
2,480 satisfied customers
Husbandmase a trust with him and his spouse as grantors for
Husband made a trust with him and his spouse as grantors for income for the lifetime of the spouse if he should pass away first. also she is now sole trustee. the only beneficary was his son,who has p… read more
socrateaser
socrateaser
35,669 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
50,664 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
I own waterfront property in Connecticut. I am 61 retired my
I own waterfront property in Connecticut. I am 61 retired my wife is 58 working full time. I would like to entertain a living trust with my two sons 29 & 31 yrs. of age. Our desire is to spend some ti… read more
Richard
Richard
Owner
Doctoral Degree
50,901 satisfied customers
In an irrevocable life insurance trust where the husbands policy
In an irrevocable life insurance trust where the husbands policy is owned by the trust and the wife is primary beneficiary and children are secondary, upon death of husband is it correct that trust co… read more
Loren
Loren
36,327 satisfied customers
FL Qtip trust final tax liabilities to corpus heirs
My father died in 1987 in Florida. He had children and grandchildren from a first marriage. Life insurance policies were left to his children and grandchildren. A Qtip trust held assets that would pas… read more
Thomas McJD
Thomas McJD
Attorney
Doctoral Degree
3,170 satisfied customers
TMcJD has a file on a trust of, about$2,000,000 My Son is now the only Irrevocable Truste
TMcJD has a file on a trust of, about$2,000,000 My Son is now the only Irrevocable Trustee. I live in Florida and I am aware of a Statue that provides for 30% of my estate to go to my spouse upon my d… read more
Thomas McJD
Thomas McJD
Attorney
Doctoral Degree
3,170 satisfied customers
Scenario H dies first leaves - W, 10 Children, 20 Grandchildren,
Scenario: H dies first leaves - W, 10 Children, 20 Grandchildren, 40 Great-grandchildren Value of Assets Home 1Mill owned jointly by H&W Life Ins 50Mill - personal policy on husband's name Pension pro… read more
ScottyMacEsq
ScottyMacEsq
Doctoral Degree
18,455 satisfied customers
If a spouse dies while still legally married and living in
If a spouse dies while still legally married and living in the same residence, what happens to the other spouse's part of the residence? if there is a will and another person is named in the will to i… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers

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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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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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