Trusts Legal Questions and Answers
What are the requirements for naming a revocable trust ?
Is it okay to name a revocable trust whatever you want or does it have to be in the name of the persons creating it? Are numbers in the name okay?
04/16/2009 | Category: Trusts | State: California | #16032Locating Sealed Trust Document in New York
My trust was set-up to have a place where my dividends from my numerous investments would be deposited consistently. All my paper-work was contracted to be handled by the accounting dept. of the same trust company (J.P. Morgan Trust Co.,Inc.). Which in time merged with Chase Manhattan Bank becoming (J.P. Morgan Chase Bank). Because of the status and standing of my investment as...
04/09/2009 | Category: Trusts | State: New York | #15938What is needed to create a trust?
I need a trust to protect my children from probate, taxes and a possible forclosure in my name only. The property in question belongs to my mentally ill son and has been in my name to protect him. What forms can I buy. My sons property is in Ohio, I live in Florida.
04/08/2009 | Category: Trusts | State: Florida | #15919How would the funds from the trust be disbursed if my wife is the only living heir?
This is a question for a trust in the state of PA. My wife is a benificary of a irrovocable trust setup by her aunt's husband at the time of his death 1992. (Her aunt is a blood relative.) The aunt was entitled to the trust income every year until her death. Upon the aunt's death,which was 3/9/2009 principle was to be distributed to my wife and her brother. The trust language ...
03/23/2009 | Category: Trusts | State: Pennsylvania | #15738To terminate the now irrevocable trust what forms are necessary?
Aunt died 5/21/08, I am POA and TTE (and one of two heirs) for her trust which does not exceed fed or Wis State dollar limits. 2008 Taxes filed already. To terminate the now irrevocable trust what Forms are necessary and when must they be filed with fed and Wis state?
03/23/2009 | Category: Trusts | State: Wisconsin | #15722How Many Substitute Trustees may be appointed in Colorado?
Can 8 people be the Substitution of the Trustee?
03/18/2009 | Category: Trusts | State: Colorado | #15676How can my mother set up a revocable trust to bypass probate with out great financial costs?
My mom (age 90) is looking into setting up a revocable trust so we can bypass probate with out great financial costs. She has a will but we have learned that due to new MI laws that isn't enough. One lawyer recommended to her charges close to $1000 to set up this trust. Is there a less expensive way to do this? Can we get and submit the legal documents ourselves?
03/16/2009 | Category: Trusts | State: Michigan | #15643What is the advantage/disadvantage of a trust over the traditional will?
What is the advantage/disadvantage of a trust over the traditional will? My wife is living and we are the biological parents of three living adult children. Please provide comprehensive reply to my question. That is, why I would want a trust vs. will.
03/02/2009 | Category: Trusts | State: Washington | #15411What living trust should I use if I am separated, and have adult children?
What living trust should I use if I am separated, and have adult children?
02/27/2009 | Category: Trusts | State: California | #15383Can a House in Trust Qualify for a Reverse Mortgage or Be Sold ?
My mother wants to put my house in trust. I am 63 and the house is in my name, but she keeps asking me to put it in a trust. Doesn't that keep me from selling it and/or getting a reverse mortgage?
02/11/2009 | Category: Trusts | State: Georgia | #15230