Legal

Ask a lawyer and get answers to your legal questions

Ask a Lawyer,
Get an Answer ASAP!

Can a settlor be a trustee, CT, yes a record of a Trust was…

Customer Question
Can a settlor be...

Can a settlor be a trustee

Lawyer's Assistant: What state are you in? It matters because laws vary by location.

CT

Lawyer's Assistant: Has anything been filed or reported?

Yes a record of a Trust was recorded, but not the trust itself The settler, living at the property is also the trustee

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

Not at the moment

Submitted: 6 months ago.Category: Legal
Show More
Show Less
Ask Your Own Legal Question
Answered in 5 minutes by:
1/1/2018
Lawyer: Loren, Attorney replied 6 months ago
Loren
Loren, Attorney
Category: Legal
Satisfied Customers: 38,777
Experience: 30 years experience representing clients.
Verified

Thank you for using JA. I am Loren, a licensed attorney for over 30 yrs., and I am here to help.

I am a certified expert on JustAnswer since 2009, with nearly 100% in 5 star ratings. So, we should be able to work through your problem.

I appreciate your patience as I review your question. I will post my response shortly.

This is general information and no attorney client relationship is established.

The site may ask you if you wish to speak by phone for an extra charge. Many find the phone call to be the easiest and fastest way to get the information they need without posting on a public forum. I am also happy to continue online.

There may be a slight delay in my replies as I am assisting other JA customers also. I will reply to your follow up questions.

WHILE WE ARE CHATTING DO NOT CLICK ON THE BUTTON TO REQUEST A SECOND OPINION. IT WILL LOCK ME OUT OF THE CHAT AND PREVENT ME FROM REPLYING TO YOU.

Ask Your Own Legal Question
Lawyer: Loren, Attorney replied 6 months ago

Yes, a settlor can be the trustee in their revocable trust. In fact it is quite common and typical for the settlor to also act is trustee.

In an irrevocable trust, it is generally a problem for the settlor to also act as trustee, especially if the trust is for protection from creditors.

If (and only if) you are completely satisfied that your question is answered professionally and accurately, even if not the answer you were hoping to get, please remember to leave a favorable rating (click 5 stars in the rating section on this page). It is the only way that I am credited by JustAnswer for answering your question.

There is no additional charge to you for rating me favorably.

Ask Your Own Legal Question
Lawyer: Loren, Attorney replied 6 months ago

Posted in error

Ask Your Own Legal Question
Lawyer: Loren, Attorney replied 6 months ago

If you have no further questions please remember to rate my service (5 Stars) so that I am credited by JA for answering your question and also so that I may close the question.

There is no additional charge to you for a 5 star rating of my service.

Thank you!

Ask Your Own Legal Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a lawyerLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Loren Your Own Question
Loren
Loren
Loren, Attorney
Category: Legal
Satisfied Customers: 38,777
38,777 Satisfied Customers
Experience: 30 years experience representing clients.

Loren is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Not only did he answer my Michigan divorce question but was also able to help me out with it, too. I have since won my legal case on this matter and thank you so much for it.

LeeMichigan

< Previous | Next >

Meet the Experts:

Ely

Ely

Counselor at Law

24,657 satisfied customers

Private practice with focus on family, criminal, PI, consumer protection, and business consultation.

INFOLAWYER

INFOLAWYER

Attorney

22,408 satisfied customers

Licensed attorney helping individuals and businesses

JPEsq

JPEsq

Attorney

2,132 satisfied customers

Experience as general attorney, in house counsel, SSDI, Family Law attorney, and law professor

Law Educator, Esq.

Law Educator, Esq.

Attorney

44,066 satisfied customers

JA Mentor -Attorney Labor/employment, corporate, sports law, admiralty/maritime and civil rights law

Ellen

Ellen

Lawyer, Consultant

8,238 satisfied customers

25 years of experience helping people like you.

Guillermo Senmartin

Guillermo Senmartin

Lawyer

300 satisfied customers

Principal Attorney at Guillermo J. Senmartin, P.A.

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

17,183 satisfied customers

Multiple jurisdictions, specialize in business/contract disputes, estate creation and administration.

< Previous | Next >

Related Legal Questions
Can a beneficary of a trust request accountability of assets
can a beneficary of a trust request accountability of assets from trustee proior to grantors death … read more
Ray
Ray
Lawyer
Doctoral Degree
33,336 satisfied customers
My faher died and left a trust. My brother is the trustee
My faher died and left a trust. My brother is the trustee and I would like an independent third party to do the finances. He says he did fine and hands me a stack of bank account statements. I say tha… read more
Ray
Ray
Lawyer
Doctoral Degree
33,336 satisfied customers
I had already written a lot but got lost trying to get on
I had already written a lot but got lost trying to get on Paypal … read more
LegalGems
LegalGems
Juris Doctorate
12,530 satisfied customers
I am a beneficiary of a trust and have had some major
I am a beneficiary of a trust and have had some major problems with the trustees, in fact, they just got word that I am preparing to seek legal assistance to have them removed. As a beneficiary I am e… read more
Ray
Ray
Lawyer
Doctoral Degree
33,336 satisfied customers
TRUSTS: Person AB is settlor (purchaser) of real property.
TRUSTS: Person AB is settlor (purchaser) of real property. Person AB records the title at that time as, "AB, trustee of the CD trust/ u/t/a/ agreement dated 00/00/0000". If there is no other written a… read more
Ray
Ray
Lawyer
Doctoral Degree
33,336 satisfied customers
Hello, Ive got a question regarding the passing of personalty
Hello, I've got a question regarding the passing of personalty in the context of a trust by an agent. FACTS: an agent of the beneficial owner purported to transfer the property to the trustee (in an e… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I dont like the way that this bank is handling my trust fund.I
I don't like the way that this bank is handling my trust fund.I would like to transfer it to a bank that i trust but I don't get a distribution until I am 35, and even then I only get 75%. Is there a … read more
Lawyer Lori
Lawyer Lori
Attorney
JD - Attorney
187 satisfied customers
My question is specific to Revocable Living Trusts in Texas
My question is specific to Revocable Living Trusts in Texas related to real estate. If I place a house into a RLT, should the deed that is recorded in the county recorder's office be a "deed to truste… read more
Loren
Loren
Attorney
38,777 satisfied customers
my sister is executive of my aunts estate who has passed away
my sister is executive of my aunts estate who has passed away i know i'm in the will we live in nj she passed away im fla my sister who is estranged from the rest of the family will not give us any in… read more
xavierjd
xavierjd
Juris Doctor
3,361 satisfied customers
i owned my own house for seven years when i retired i put it
i owned my own house for seven years when i retired i put it a revocable living trust with my wife as one of the trustees. i think she wants a divorce can i get it back… read more
mclemorelawyer
mclemorelawyer
Doctoral Degree
4 satisfied customers
What is the statute of limitation in Ohio for contesting a
What is the statute of limitation in Ohio for contesting a family trust? It was signed on Feb 27, 2009 but not disclosed to the beneficiaries until mid-Feb 2010.… read more
LawTalk
LawTalk
Attorney at Law
Juris Doctor
128 satisfied customers
Settlor just died and trustee (1 of 3 beneficiaries of living
Settlor just died and trustee (1 of 3 beneficiaries of living trust) who had been monitoring the trust until she passed, has not provided an accounting since he became trustee in 2006. He is now telli… read more
Lady Themis
Lady Themis
Attorney
Doctoral Degree
65 satisfied customers
I could use some help filling out a Certification of Trust
I could use some help filling out a "Certification of Trust" form. I am not familiar with the language ( legal ).… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
Can a Convicted Felon be appointed Successor Trustmanager
Can a Convicted Felon be appointed Successor Trustmanager for a Living Trust in California? Can anybody be a trustee?… read more
Lawrence
Lawrence
Doctoral Degree
14 satisfied customers
Is a Revocable Living Trust which was executed in the state ...
Is a Revocable Living Trust which was executed in the state of California valid in the state of Arizona? The Settlor/Trustee is unmarried with four adult children who will equally be distributed the T… read more
Alice Wright
Alice Wright
Research Expert
Bachelor's Degree
302 satisfied customers
I have a Revocable Living Trust created in California that ...
I have a Revocable Living Trust created in California that the signing was witnessed by two unrelated impartial adults. Is this legal or does it HAVE to be notarized to be valid?… read more
LawNinvest
LawNinvest
Attorney
Juris Doctorate
66 satisfied customers
The trust I have been quetioning that was writtenin NY, has ...
The trust I have been quetioning that was writtenin NY, has a blank appendix A attached. This fact has been summarily dismissed, but in asking a friend ( A NY judge) it was thought the trust in questi… read more
LegalEagle, LLC
LegalEagle, LLC
Attorney at Law
Juris Doctorate
982 satisfied customers
In Indiana, is there a reason that someone would ...
In Indiana, is there a sensible or good reason that someone would not put an owned house in a trust even though they do have a trust for the other assets? And, is there a process/law/legal procedure t… read more
JurisD7603
JurisD7603
Real Estate Agent
Doctoral Degree
72 satisfied customers

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).

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).

Show MoreShow Less

Ask Your Question

x