Trusts Legal Questions and Answers

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How Does a Trustee Transfer Property to a Beneficiary When the Settlor Dies?

I am the named trustee for a friend who passed away last November. How do I get the settler's daughter's name on the deed to the house? The daughter is the named beneficiary.

01/27/2011   |   Category: Trusts   |   State: Florida   |   #24091

How Do I Refinance Property That is Held in Trust?

I am trying to refinance my house in CA to take advantage of lower rates. The house is in an A(revocable) and B (irrevocable) trust, which replaced the standard revocable trust, that was set up for tax protection, after the death of my wife. I am the trustee. I have read the post PA #18982 about the possibility of taking it out of the trusts and then returning it to the trust...

01/25/2011   |   Category: Trusts   |   State: California   |   #24078

Would a living trust help you allow for spouse to receive monthly income and preserve principle?

A couple in their 60s is about to get married. This is a second marriage. A Living Trust is being established just prior to their marriage. The main goal for the husband is that in the event of his death first, he would like his investments to go into some form of trust that will pay his wife monthly income but preserve the principle. At her death he wants his kids to be th...

01/24/2011   |   Category: Trusts   |   State: Florida   |   #24070

What remedies are available if trustees have breached their duties?

I am the beneficiary(as is my brother ) of a marital trust set up by my father.As my stepmother was 25 years younger than my father,I was told by my father and his attorney,that a marital trust was the best way to hold on to the family properties as it would be impossible to pay the inheritance taxes on all the properties.This way,said Daddy,we would all be able to enjoy them....

01/07/2011   |   Category: Trusts   |   State: South Carolina   |   #23954

How Do I Terminate a Trust in Texas?

I want to know if I can 'disinherit' myself from an irrevocable will. It was created when I was a kid and as a remainder trust goes to my brothers upon my death. I am now age 60 with lots of money and I want to get rid of the Trust now.My brothers are in agreement to let me terminate the Trust now. What forms do I need or course of action? I live out of the country.

12/20/2010   |   Category: Trusts   |   State: Texas   |   #23851

How Do I Tell if a Trust is Revocable or Irrevocable?


12/13/2010   |   Category: Trusts   |   State: Massachusetts   |   #23811

My parents lived in New Mexico, they wrote out a living trust while living there.

My parents lived in New Mexico, they wrote out a living trust while living there. My younger sister was named trustee, my dad passed away in 2008, my sister took our mother to CA. with her. She hasn't let me or my older sister know anything about the trust. Our mother passed away in Oct. of this yr. and we still don't know anything about what is going on. Is their anyway that w...

12/10/2010   |   Category: Trusts   |   State: New Mexico   |   #23801

How Do I Remove a Home From a Trust?

We set up a trust in California & put our home in Colorado in that trust. We now live in Colorado & want to take our home out of this trust. How do we do this. We are currently making out a new will that isn't a trust.

12/01/2010   |   Category: Trusts   |   State: Colorado   |   #23744

Do I Need to Revoke or Cancel My Old Trust Before I Create a New Trust?

I created a revocable living trust 10 years ago and it is obsolete now. If I create a new living trust will it supersede the old one and make it null and void?

11/22/2010   |   Category: Trusts   |   State: California   |   #23688

Can I Transfer a Management of a Trust to A Corporate Trustee in Another State?

can a trust with a corporate trustee in penn. be transferred to corporate trustee in south carolina?

11/09/2010   |   Category: Trusts   |   State: South Carolina   |   #23591
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