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I'm the beneficiary of a trust. It does not pay out for 5
I'm the beneficiary of a trust. It does not pay out for 5 more years. I would like to get a loan against it. Can this be done and are there lenders that specialize in this? … read more
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I need to talk to someone about distributing money from the
I need to talk to someone about distributing money from the sale of land in an irrevocable trust, can that money be distributed to the two trustees (who are also beneficiaries) or will they have to pa… read more
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Attyadvisor
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After my mother-in-law was placed in an assisted living
After my mother-in-law was placed in an assisted living facility her farm was sold and the money was placed in a trust. The remaining balance at the time of her death will be equally divided between m… read more
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My mother has a trust and has two properties. I am the successor
My mother has a trust and has two properties. I am the successor trustee of the estate. I want to give my brother his property and I want to keep my mothers house and put it in my name. The title comp… read more
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I would like to place a note payable into an irrevocable trust,
I would like to place a note payable into an irrevocable trust, so that my three children can be the beneficiaries of the monthly payments over the next 7 years is that possible? Each will receive les… read more
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Christopher B, Esq.
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My 91yr old mother died in her home state, Missouri, this January
My 91yr old mother died in her home state, Missouri, this January of Alzheimer's. She and dad, who died in 2003. had a family trust naming their 3 sons as equal benes of her approx $230,000 estate. Yo… read more
RobertJDFL
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Two questions about buying a homestead from an Irrevocable
Two questions about buying a homestead from an Irrevocable Trust. 1. If the Trust states that a Beneficiary can purchase the home from the Trust at 80% the Trust Appraisal, then would the Appraisal st… read more
socrateaser
socrateaser
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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
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Can the grantor of a irrevocable living trust also be the trustee? Can
Can the grantor of a irrevocable living trust also be the trustee? Can the Beneficiary of the irrevocable living trust also be a trustee?… read more
Thomas McJD
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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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My brother and I are co-trustees and equal share beneficiaries
My brother and I are co-trustees and equal share beneficiaries in a Trust that includes my parents' house and 11 acres of land, 5 of which are on a separate lot that is presently up for sale. My broth… read more
Loren
Loren
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i am looking at the family irrevocable inter vivos trust my
i am looking at the family irrevocable inter vivos trust my mom left when she died. it is for her house and my sister is trustee. under FIRST: it states"commencing on the date hereof and continuing un… read more
Richard
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I had asked you today question about ILIT and gift trusts for
I had asked you today question about ILIT and gift trusts for 3 minor children. Gifts are split by husband who is the grantor and his wife, who is neither grantor nor beneficiary or trustee. Since $ 8… read more
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EstateTaxQuestion State of Alabama Do I owe any taxes on
EstateTaxQuestion State of Alabama Do I owe any taxes on the inherited property? The Property 2950 Cobbs Ford Road was put into a Living Trustee. The grantor Ms. Miller wants the property equally divi… read more
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A house is in a living trust. It is sold. The money is deposited
A house is in a living trust. It is sold. The money is deposited in the living trust account. Are there taxes paid from this purchase, if so, who pays them?… read more
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In a estate distribution you two beneficiaries everything to
In a estate distribution you two beneficiaries everything to be divided in equal shares. theres 80000 dollars in a bank and two houses.One house appraised at 220000 the other at 160000. Both beneficia… read more
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My mother is the beneificary of an irrevocable trust, that
My mother is the beneificary of an irrevocable trust, that was left to her by her brother. She has five children and wants to disolve the trust and split the money with her kids. Can this be done.… read more
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INFOLAWYER
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I am the beneficiary (6 total equal beneficiaries) and executor
I am the beneficiary (6 total equal beneficiaries) and executor (1 of 2) of an irrevocable trust that holds real estate properties. My father died 3 years ago, my stepmother has onset dimentia. Her da… read more
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Meet the Experts:

Thomas McJD

Thomas McJD

Attorney

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Wills, Trusts, Probate & other Estate Matters

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RayAnswers

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Texas lawyer for 30 years in Estate law

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Ely

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RobertJDFL

RobertJDFL

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P. Simmons

P. Simmons

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ScottyMacEsq

ScottyMacEsq

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Licensed Texas General Practice Attorney

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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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