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To save confusion there are three generations involved in
To save confusion there are three generations involved in this the grandmother (Jonna) the daughter (Malane) and the grandchild (Angela). So there is a discretionary trust with two settlors the grandm… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
Do you work Sundays??? If so here is the question.I have
Do you work Sundays??? If so here is the question.I have reviewed the trust deed and it was set up to make provision for and primarily intended to benefit the people named as primary beneficiaries. It… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
I am looking at the Trust docos. The purpose of the Trust is
I am looking at the Trust docos. The purpose of the Trust is for the benefit of the persons or objects stated, called Primary Beneficiaries. When it was set up these were his 4th artner he called a fr… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
My late father passed away but 2 years he placed enough
My late father passed away but 2 years he placed enough money into a property trust for my benefit as the preferred beneficiary,but in the trust deed it stats that the a pointer who is also a trustee … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
This is regarding trust law. Can a settlor of a trust evict
Hi, this is regarding trust law. Can a settlor of a trust evict a beneficiary from property in the trust? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
It is not but friend. She is here in the UK. Her late
Customer: It is not for me but for a friend. She is here in the UK. Her late parents owned a property in NZ which was placed in a discretionary trust during their lifetime. Her mother died first and t… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
I am the settlor of a family trust. My last trustee resigned
I am the settlor of a family trust. My last trustee resigned by notice in writing last year. I have not replaced him. The trust has only one asset and is becoming too much trouble to persevere with. I… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
Again Chris the Lawyer, I have reactivated my account,
Hello again Chris the Lawyer, I have reactivated my account, with another round of questions for you, still on the same general topic - i.e. what to do long term with my assets. I understand that once… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
intervivos trust, how do beneficiaries get to know that
For an intervivos trust, how do beneficiaries get to know that they are, indeed, beneficiaries? Perhaps there are obligations on the trustee to inform individuals that they are beneficiaries and what … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
We have a family trust (the house is the only asset). Over
We have a family trust (the house is the only asset). Over the past 20 years as settlors we forgave the debt of the trust to ourselves meaning the majority of the house value ended up in the trust. We… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
Good morning, JackWhen my husband became terminally ill and
Good morning, Jack When my husband became terminally ill and had to resign from work we sought financial advice re handling his superannuation payout. It was all a bit of a blur. We also had raised ca… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
Regarding trust law, if a person is made a final beneficiary,
Regarding trust law, if a person is made a final beneficiary, does that person have the right to request the trust to be wound up? Is that power in a statute or in equity over an above the deed? The d… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
1.What is the minimum number of trustees required for a family
1.What is the minimum number of trustees required for a family Trust in New Zealand 2. What happens if the settlor is diagnosed insufficient capacity leaving only one Trustee? #. Can POA (enuring POA … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
Is a trust valid if it has been compromised by identity fraud?
Is a trust valid if it has been compromised by identity fraud? In this case, a trust beneficiary /trustee with full power of attorney is not whom she has been presented to be on all her official ID in… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
My husband appoint his sister to be Executrix and Trustee for
My husband appoint his sister to be Executrix and Trustee for his three son's. Since he has died the Son's asked for the Trust to be closed down once the estate was settled etc. We have just recently … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
Okay. Do you have to prove you have a diagnosis or prove that
Okay. Do you have to prove you have a diagnosis or prove that matters? Secondly, on a trust deed's power of appointmen(t to appoint and remove trustees), it means the person with the power of appointm… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
Dear Lawyer, I have just appointed myself and my lawyer as
Dear Lawyer, I have just appointed myself and my lawyer as trustess of my trust via the power of appointment vested in me in the trust dees. Previously I was final beneficiary. The tax advice so far i… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 satisfied customers
Years ago my Grandmother just prior to her death said she wished
Years ago my Grandmother just prior to her death said she wished each of her 5 great grandchildren to have $5000.00 from her estate for educational use or for a nest egg such as travel etc., when they… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
31,680 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 (last updated February 8, 2012).

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