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A husband and wife has a family trust. The trust owns
A husband and wife has a family trust. The trust owns property. If someone sues the husband or wife, can the person suing get access to the trust assets and the properties held by the trust?… read more
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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
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Facts: A revocable Living Trust was set up in California.
Facts: A revocable Living Trust was set up in California. According to the terms of the Trust, it becomes irrevocable upon the death of the Settlor (person setting up the Trust). The Settlor did not m… read more
Law Educator, Esq.
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My Mother died leaving a sum of money in a trust to all the
My Mother died leaving a sum of money in a trust for distribution to all the 5 siblings, equally. My Sister is the Trustee and stated that California law requires her to wait 120 days before distribut… read more
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My mother had a living trust set up when she lived in
My mother had a living trust set up when she lived in California some years back. She is now 90 and living with family in Colorado unable to care for herself any longer. The trust is set up as a trust… read more
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Question: My three brothers and I are trustees Irrevocable
Question: My three brothers and I are trustees for an Irrevocable Living Trust granted by my father (still alive but ailing). We are also the beneficiaries. One of the brothers is in a tight spot fina… read more
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Can I choose a different fiduciary then the one appointed me
Can I choose a different fiduciary then the one appointed me in the trust.both parents are deceased. My sister is the trustee .., she may have used undue influence on my mother....I don't trust her de… read more
LegalGems
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My question concerns trust law -- in regards ***** ***** a generally
My question concerns trust law -- in regards ***** ***** a generally accepted interpretation for what seems to be common terms in an express trust. Specifically, how does Nebraska law interpret/define… read more
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I am the trustee of one main trust and four subtrusts. One
I am the trustee of one main trust and four subtrusts. One of the testators is dead and the other is incapacitated. The incapacitated testator is the beneficiary of all the trusts. There are 12 contin… read more
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Will a family trust of any type protect our assets from potential
Will a family trust of any type protect our assets from potential lawsuits? What are the advanages and disadvantages of a trust?… read more
DamienJD
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In a living trust (fund). Who has "Ownership" of the assets-
In a living trust (fund). Who has "Ownership" of the assets- The beneficiary or the trustee?… read more
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My uncle, living in California, took a distribution from his
My uncle, living in California, took a distribution from his Ira. He elected the brokerage firm to send it to me. His wife, ruled incompetent, is still alive. He had previously named me as the sole be… read more
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I need an estate lawyer. I am the beneficiary of several family
I need an estate lawyer. I am the beneficiary of several family trusts. I have been unable to get some of the documents and amendments in regards XXXXX XXXXX trusts. I am currently only vested in one … read more
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If you own property as a partnership joint tenancy and you
If you own property as a partnership 'joint tenancy' and you change it to 'tenants-in-common' what are the tax and inheritance ramifications?… read more
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Hi! My recently-deceased father had a nice trust which held
Hi! My recently-deceased father had a nice trust which held all of his assets, which are in cash and stuff, so that's all squared away. My questions are about the trustee. It isn't clear, because of t… read more
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My husband is the executor of an irrevocable living trust in
My husband is the executor of an irrevocable living trust in California. His dad was deceased in 2002 and his stepmom died 12/23/09. The trust is to be split 25 % to him and his sister and 50% to his … read more
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What is the difference in a will and a living trust and does
What is the difference in a will and a living trust and does a will always go into probate - what if there is no will?… read more
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As executor, I''m about to disburse the balance of a friends
As executor, I''m about to disburse the balance of a friends small (under $100k in CA) estate to the heirs. I understand their is a Trust Distribution and Termination Agreement form that I should use.… 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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