Estate Law

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If an irrevokable trust distributes to beneficiaries (as
If an irrevokable trust distributes to beneficiaries (as part of a final distribution) a money market fund like Vanguard's prime money market fund (VMMXX), is that regarded as income to the beneficiar… read more
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Myself and my brother are POA OVER MY Mom ( Dad passed 2months ago) there checking acct shows POD to my brother and I. The rest of parents assets are in a trust which we are POA over also. Does the mo… read more
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Upon the death of my mother here in California I found
Upon the death of my mother here in California I found evidence that I may have been a joint tenant on two CDs at a large California Bank that were closed without notice to me or my consent; with the … read more
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I am trying to get my father to qualify. He is 84 years old
Hi I am trying to get my father to qualify for Medicaid. He is 84 years old and although he is in pretty good shape physically he seems to be declining mentally. He has about $25k in income last year … read more
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My mother died in 1979 Intestate but a probate was made showing
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Can a Payable on Death designation on an account supercede
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Rick and I are sharing a life in Madison, Wisconsin. We are
Rick and I are sharing a life in Madison, Wisconsin. We are not legally married or declared domestic partners. We chose not to marry because marriage enables a lien to be put against my home if he had… read more
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I need somebody to fill me on how Totten trusts or payment on death accounts work in Illinois.… read more
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11-5-2011 My mothers accountant supposedly set up her accounts
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Dear Sir, My mom just passed away....She has $119,000 in pod bank accounts and a house worth about $180,000.....The house is listed in a trust and me and my 2 brothers are listed as beneficiaries....T… read more
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My cousin just passed away. He was married. He had a checking
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I am admistering an estate in New Jersey. There are many POD
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My Dad, living in Iowa, recently passed away. Before he ...
My Dad, living in Iowa, recently passed away. Before he died he set up his bank accounts in a Totten Trust (POD). Now that the estate is in probate my sister and I are being told that the trust must b… read more
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Meet the Experts:

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Thomas McJD

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Texas lawyer for 30 years in Estate law

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RobertJDFL

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P. Simmons

P. Simmons

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12+ yrs. of experience including estate law.

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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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