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This is regarding an issue you previously helped me with: I
This is regarding an issue you previously helped me with: https://my-secure.justanswer.com/question/index/57cebf3021264dd4b6bc4b2568cede38. I called the trust attorney and got his answering machine so… read more
Matthew L. Esq.
Matthew L. Esq.
JD
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Questions on a Revocable Trust (Grantor passed away and the
[Second Opinion] Questions on a Revocable Trust (Grantor passed away and the successor Trustee is assuming the responsibility - State VA, USA) 1) If the Grantor dies, is it necessary for the Successor… read more
Kirk Ross
Kirk Ross
Director of Planned Giving
JD
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What would the consequences (positive and negative) be of
what would the consequences (positive and negative) be of transferring ownership of my account in my dad's hedge fund to my living trust? (to be clear, this is a trust I established for myself by myse… read more
LawEducator
LawEducator
154,678 satisfied customers
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
Adam Yarussi
Adam Yarussi
Juris Doctor
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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
Attorney Matt
Attorney Matt
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Doctoral Degree
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I am trying to write a revocable trust for my property in
i am trying to write a revocable trust for my property in north carolina, and i am looking for the statutes to cite in the document … read more
RayAnswers
RayAnswers
Attorney
Doctoral Degree
8,635 satisfied customers
In a revocable trust, can the grantor take money out at any
In a revocable trust, can the grantor take money out at any time without having to get a K1 from the trust as if it was a taxable distribution?… read more
Barrister
Barrister
Attorney
Doctoral Degree
8,856 satisfied customers
Man owns three houses & wants to create a living trust for
Man owns three houses & wants to create a living trust for his two daughters. What are the benefits of a living trust & how do they work?… read more
Jessica B
Jessica B
Attorney
Juris Doctor
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Under a California Land Trust, if the Trustee failed to list
Under a California Land Trust, if the Trustee failed to list the beneficiaries, but the individuals were given a distribution of their share when the estate settled would it be correct to assume they … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
11,710 satisfied customers
I was wanting to know my legal rights about obtaining my
hi I was wanting to know my legal rights about obtaining my trust fund and personal property and what Avenue I would need to do or go about getting that I know that the trust fund is tied up in CDs wh… read more
Barrister
Barrister
Attorney
Doctoral Degree
8,856 satisfied customers
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
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
11,710 satisfied customers
A cousin of the trustee( of an irrevocable trust) saw a copy of a draft to change benefic
A cousin of the trustee( of an irrevocable trust) saw a copy of a draft to change beneficiaries of a revocable trust. The trustee never signed the changes nor did the attorney receive a signed copy no… read more
Richard
Richard
Owner
Doctoral Degree
56,869 satisfied customers
My husband and his two brothers received gifts from their stepmother
My husband and his two brothers received gifts from their stepmother after their father died (his will failed to provide for them). They want to put all three gifts into a trust with one brother, J, a… read more
Attorney Matt
Attorney Matt
Attorney
Doctoral Degree
18,780 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
8,856 satisfied customers
If a trust owns a home and sells it, does it have to pay capital
If a trust owns a home and sells it, does it have to pay capital gains like an individual would? If the trustees dissolve the trust subsequently, each receiving their share of the proceeds, will they … read more
socrateaser
socrateaser
37,075 satisfied customers
High trustee fees and nursing home costs have dissipated the
High trustee fees and nursing home costs have dissipated the assets in a revocable trust to the point where the trustee finally agreed to resign and appoint the conservator as successor trustee. The t… read more
Barrister
Barrister
Attorney
Doctoral Degree
8,856 satisfied customers
Must income to a trust, after the tax is paid, be kept separate
Must income to a trust, after the tax is paid, be kept separate from the "principal" in future years. Or do the earnings become part of the principal? Is there an advantage to the trust paying the ann… read more
Barrister
Barrister
Attorney
Doctoral Degree
8,856 satisfied customers
I have an Aunt who recently passed away in Florida. The assets
I have an Aunt who recently passed away in Florida. The assets in her estate will be distributed through a trust she created in the State of Florida. Is there a time limitation under Florida law which… read more
socrateaser
socrateaser
37,075 satisfied customers

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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.

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