Trusts Legal Questions and Answers
What type of transfer documents do I need to transfer the trust to my name as sole beneficiary?
My parents, grantor of a trust, both passed away last year. I am the sole beneficiary of the trust and the last living trustee. What type of transfer documents do I need to transfer the trust to my name as sole beneficiary? I need all documents to complete transfer. I have already filed proper documents as sole surviving child on property taxes with the County.
02/04/2009 | Category: Trusts | State: California | #15154Is a paragraph in a trust revokable?
When I have a Trust and am the Settlor and Trustee and I want to revoke paragraph 6B of my original Trust and rewrite it, can I do that? Is it called a Codicil or Addendum? Does it then go through Probate, even though the original Trust doesn't. Is there a form that I could use for this purpose?
01/31/2009 | Category: Trusts | State: Nevada | #15112Can a house, car, some stock, and a 401k be put into a trust?
Can a house, car, some stock, and a 401k be put into a trust so no one can force you to hand your assets over because of a lawsuit?
01/24/2009 | Category: Trusts | State: Colorado | #15063What is needed to start a truste fund for a deceased friend's child?
We have a group of friends that would like to establish a 'trust fund' for the daughter of a deceased friend. Her mother is financially irresponsible, and we would like to do this for her future needs like college, wedding, or home. I have been researching this and it seems a little confusing. Will it take hiring an attorney to do this? We would like to save costs and file thin...
01/15/2009 | Category: Trusts | State: Michigan | #15001What is the legal definition of Constructive Trust as it relates to a fiduciary duty?
I'm seeking a clear definition of the legal term 'Constructive Trust' as it relates to a fiduciary responsibility.
01/12/2009 | Category: Trusts | State: Illinois | #14976Can creditors attach property if we put it in a trust?
We own our home free and clear and a lot on the Washington coast. We are cuurrently making payment on a motor home. Do to the market change I have lost my job and my husband.s job is not looking good. If we created a living trust and something happens to us financially can creditors attach assets that are in the trust? Specifically our home.
12/29/2008 | Category: Trusts | State: Washington | #14869My mother and step father did a joint living trust about four years.
My mother and step father did a joint living trust about four years. My step father who was married to my mom for the last 23 years recently passed away after two years of dealing with cancer. In the living trust both my mother and step father, individually stated what they wanted to happen upon their death. Their only assets are two homes, one which they purchased together a...
12/22/2008 | Category: Trusts | State: California | #14841What is the procedure for properly 'funding' a revocable living trust?
What is the procedure for properly 'funding' a revocable living trust by placing a home into the trust? By way of background, my husband and I (who live in Mecklenburg County North Carolina)recently used the USLegal Forms site to purchase and complete a will, living will, and power of attorney documents which we are about to place into a bank safe deposit box. We also recent...
12/04/2008 | Category: Trusts | State: North Carolina | #14743Can a trust be set up for the difference in a property being sold?
When a trust fund is set up for children is it a certain amount at the time the will is made? Or can it be a "left over amount", like when property is sold? Can it change before the child reaches the approprite age to receive it? Can someone else touch it? Is it stated anywhere other than the will how much the trust is for?
11/02/2007 | Category: Trusts | State: Massachusetts | #11509Can I obtain a Miller Trust that can be used in Tenneesse?
Can you explain the miller trust? Can I obtain a Miller Trust that can be used in Tenneesse?
10/05/2007 | Category: Trusts | State: New York | #9706