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FOR 1. Could I create a private and irrevocable trust, and
FORCustomer Hello!1. Could I create a private and irrevocable trust, and also be a trustee?2. Could I also be a beneficiary? If I am named beneficiary, would this open my trust up to creditor claims?… read more
DamienJD
DamienJD
Attorney
Doctoral Degree
7,848 satisfied customers
I was divorced in Dec. 2015 and all my ex-wifes assets
I was divorced in Dec. 2015 and all my ex-wifes assets belong to her, however , she never changed the beneficiary on her brokerage accounts(retirement, IRA and Roth) and was asked by her financial adv… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
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I am a trustee in irrevocable trust ..is the trust
I am a trustee in irrevocable trust ..is the trust responsible for the credit card and medical of the deceased ?can creditor demand payment from beneficiaries.… read more
Barrister
Barrister
Attorney
Doctoral Degree
6,301 satisfied customers
What's the value of a individual "safe trust"? Are capital
what's the value of a individual "safe trust"? Are capital gains made by safe trust subject to lower tax's? if so, how and what differences as compared to a person without one? What's the legal protec… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
6,156 satisfied customers
My mother is writing up her trust and wants to know If I want
My mother is writing up her trust and wants to know If I want the inheritance all at once through cash or in an irrevocable trust. I am certain I want it in an irrevocable trust for its asset protecti… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
6,156 satisfied customers
If a will appointed a lady in Mississippi , but she is
if a will appointed a lady in Mississippi , but she is unable to serve due to illness , can she the 1st PR simply cede her PR position to one for 2 surviving brothers living in Illinois? This per a de… read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
6,156 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
6,301 satisfied customers
Father passed away in Oregon 12/28/2013 wife wont talk to his children about cause of dea
Father passed away in Oregon 12/28/2013 wife wont talk to his children about cause of death, will or any distribution of his estate. what do we do ? We live in California.… read more
Barrister
Barrister
Attorney
Doctoral Degree
6,301 satisfied customers
My mother died 11/2010. In June 2013 I filed a petition to
My mother died 11/2010. In June 2013 I filed a petition to Calif. superior probate court against sister/trustee in pro per for various reasons (including no reports, not paying rent t beneficiaries, c… read more
Barrister
Barrister
Attorney
Doctoral Degree
6,301 satisfied customers
Mother and father left an irrevocable trust. The trust assets
Mother and father left an irrevocable trust. The trust assets are to be distributed " ..by right representation.." to the heirs of their bodies 21 years after the death of the last orginal trustee (wh… read more
Barrister
Barrister
Attorney
Doctoral Degree
6,301 satisfied customers
In 2004 grantor steps down as trustee (Irrevocable) and appoints
In 2004 grantor steps down as trustee (Irrevocable) and appoints his daunter to trustee. While he is still alive, she sells two parcels of land and never notifies other beneficiaries about the sale. A… read more
DamienJD
DamienJD
Attorney
Doctoral Degree
7,848 satisfied customers
Previously JustAnswer responded that our Family Trust created
Previously JustAnswer responded that our Family Trust created in California in 2000 was not revocable or amendable in any way after my Father's death in 2005 since the trust document wording required … read more
Thomas McJD
Thomas McJD
Attorney
Doctoral Degree
3,170 satisfied customers
In regards XXXXX XXXXX Intentionally Defective Grantor Trust (IDGT)
In regards XXXXX XXXXX Intentionally Defective Grantor Trust (IDGT) Will the power of an independent trustee to distribute to the grantor income for health education and welfare—but not principal, cau… read more
Thomas McJD
Thomas McJD
Attorney
Doctoral Degree
3,170 satisfied customers
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
Ellen
Attorney
Doctoral Degree
21,737 satisfied customers
We are in a second marriage, one of us with 3 children and
We are in a second marriage, one of us with 3 children and one with only 1, all adults. We are making a living trust reinstatement of an A/B and Bypass Trust. 1. With a Single (type A) trust, if one o… read more
Law Educator, Esq.
Law Educator, Esq.
129,313 satisfied customers
My client created an irrevocable living trust for the ultimate
My client created an irrevocable living trust for the ultimate benefit of his two children. He funded the trust with real property in Texas having a ranch on it. He appointed an independent person as … read more
socrateaser
socrateaser
35,989 satisfied customers
My husband and I live in a California State veterans home.
My husband and I live in a California State veterans home. We have a revocable trust. We now realize our assets are not protected from the State upon the death of one of us. How can we we protect our … read more
Daniel Solutions
Daniel Solutions
Doctoral Degree
5,212 satisfied customers
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
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers

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Thomas McJD

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RobertJDFL

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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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