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My Arizona client has been named as the UTMA custodian for a
My Arizona client has been named as the UTMA custodian for a minor child on the face of a publicly-traded Stock Certificate. The certificate is in a safe deposit box and has not been deposited into a … read more
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We live in California. My son is 11 years old and high
We live in California. My son is 11 years old and high functioning. I think he should be able to go to college and get a job, as he does well in school. So that means he probably won't qualify for SSI… read more
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I want to start a mutual fund for my 3 yr old. Should I
I want to start a mutual fund for my 3 yr old. Should I create a trust or some other vehicle or just open the fund? And should it be in her name or mine? I'm also married her mother.… read more
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My father died when I was 13. He had an irrevocable trust
My father died when I was 13. He had an irrevocable trust but my mother who is 92 can not remember where it is. All attorneys involved are dead… read more
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facts: my grandson (age 21) was told several years ago by his
facts: my grandson (age 21) was told several years ago by his great uncle that he (great uncle) had set up a trust for my grandson's college education. Subsequently, the great uncle became mentally in… read more
Barrister
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My folks set up a trust years ago. I have been told it is
My folks set up a trust years ago. I have been told it is an irrevocable trust and recently was told it is an A, B Trust. The thing is, my parents had some very specific ideas as to what they wanted d… read more
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Law Educator, Esq.
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I am divorced now for over 2 years. was married for 21.5 years.
I am divorced now for over 2 years. was married for 21.5 years. Sole custody of our 4 sons. He has since passed away 2/5/11. Mentally unstable documented by Mds. Alcoholic also on his death certificat… read more
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My mother died in 2005. My father and mother had set up a trust
My mother died in 2005. My father and mother had set up a trust for my brother and I. The trust was for my moms side of the estate. so it became irrevocable when she died. The trust had 5 houses in it… read more
dkennedy
dkennedy
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You are very helpful...thank you. I have a few more questions. 1.
You are very helpful...thank you. I have a few more questions. 1. During my mom's marriage, she bought jewelry and gave some pieces to my sister and myself (before she died)...these are gifts, correct… read more
Phillips Esq.
Phillips Esq.
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I suspect this question is asked a lot, and I suspect the answer
I suspect this question is asked a lot, and I suspect the answer to it is contingent on which state it's being asked from. We're in Minnesota, and trying to square my mom's end-of-life affairs. (She's… read more
Daniel P.
Daniel P.
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How do I set up a trust account for my kids we need one for
How do I set up a trust account for my kids? we need one for them to be able to work on a documantary for production company and so they can pay them. CAn you please help?… read more
Brent Blanchard
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Doctoral Degree
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I had purchased stock for my daughter 12 years ago under the
I had purchased stock for my daughter 12 years ago under the Uniform Gift to Minors Act with Wachovia Securities (now Wells Fargo & Company; I am the custodian). She will turn 21 on July 12, and notif… read more
David L
David L
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Unknown to me, my father was custodian ofan UGMA for my daughter,
Unknown to me, my father was custodian ofan UGMA for my daughter, who is now nearly 19 and in college. Last summer he passed away and I have been asked to have my daughter name a new custodian (probab… read more
socrateaser
socrateaser
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Hi, Can custodian use or spend the money from life insurance
Hi, Can custodian use or spend the money from life insurance not for the child who this money belongs? This money is my daughter who is 3.5 y/o.… read more
lwpat
lwpat
Doctoral Degree
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I have a 18 year old daughter in Louisiana that is not mentally
I have a 18 year old daughter in Louisiana that is not mentally able to manage money from a Custodial Account. Is there another method to handle this money? The account has been closed out. I read tha… read more
Law Pro
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An account was opened under the UGMA when I was three. Now
An account was opened under the UGMA when I was three. Now that I am 28, I would like access to the funds. I am unfortunately out of state and the bank does not have my signature on file. Also, my mot… read more
legaleagle
legaleagle
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i have an ugma account..my mom is the custodian..it is a new
i have an ugma account..my mom is the custodian..it is a new york account...i am 31 years old..i was told by the account manager that because her name is XXXXX XXXXX custodian on the account, i cannot… read more
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dkennedy
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I want to set up a trust for my 5 year old daughter which will
I want to set up a trust for my 5 year old daughter which will hold significant assets; how do I go about setting up a simple trust in the state of Texas?… 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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