Trusts Legal Questions and Answers

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What Kind of Trust Do I Need for My Disabled Wife?

i am trying to figure out what kind of living trust i need to fill out due to being married and everything we own is in both of are names but also i am the court apointed gaurdian of my wife due to her being incompatent due to a car wreck a few yrs back.,and also have power of attorney . can you tell me what kinda of living trust i need

10/19/2010   |   Category: Trusts   |   State: Oklahoma   |   #23423

Can she appoint me as power of attorney to do all of this trust?

I am my mother's caretaker. My dad set up a Living Trust, which was amended upon his death, but is now in question by my mom. She does not have a copy, nor does she know what attorney handled this. She does know my estranged brother-in-law headed the update process, and suspects it was not done as she wanted it done. She now wants to revoke it, and sign all assets over to me....

09/12/2010   |   Category: Trusts   |   State: California   |   #23149

Can a Marital Trust Be Terminated in the Assets Lose Value?

i am the suriving spouse of a marital trust ,after the death of my husband do too the financale mealt down i have lost over half of our assets ,i paid out a specil request of money to his beneficaries amounting to $200,000 ,the income of a promissory note now worth nothing because the company went broke my life style as i once new is over i want to know if the marital trust c...

09/09/2010   |   Category: Trusts   |   State: California   |   #23128

Is There a Penalty if a Trustee Doesn't Follow Trust Instructions?

I have a pritty good sized family Trust from my parents & in it they stipulate that I only receive $3000 per month from it. I am wondering if my sister who is the executor gives me more that that if there would be any reprocussions on eather side, she said she has the obligation to follow the instructions of the Trust & I understand that but is there any penelty for giving me m...

08/26/2010   |   Category: Trusts   |   State: California   |   #23017

Whose Name Goes on the Bank Account We Are Putting Into a Trust?

We purchased a Special Needs Trust (US-00646). We are setting up a bank account for the beneficiary and need to know if the account is set up in the Beneficiaries name or the Trustee's name. The trustee will be the only person able to access the account. Home phone 302.653.0276

08/22/2010   |   Category: Trusts   |   State: Delaware   |   #22980

Can I Appoint an Out of State Trustee For My Trust?

Can a relative who is a resident of Indiana serve as trustee of my Ohio-generated revocable trust?

08/16/2010   |   Category: Trusts   |   State: Ohio   |   #22916

How Do I Remove a Trustee in Virginia?

I have an incompetant trustee. How do I convene a judge in Virginia to remove him a go to the successor trustee? Do you have a lawyer you could call for me?

08/16/2010   |   Category: Trusts   |   State: California   |   #22915

Can I Leave My Home in Trust to the Trustee?

I have a Living Trust. I want to add to it stating in case of my death, my partner will continue to live in the house listed in the trust. If she is the trustee of the trust do I need additional documentation?

07/21/2010   |   Category: Trusts   |   State: California   |   #22719

Do I Need to Change My Trust if I Moved to Another State?

I setup a living trust in California in the 70s or 80s. Will it be honored now that I live in Arizona, or do I need to have it updated to reflect that I am an arizona resident now?

07/17/2010   |   Category: Trusts   |   State: Arizona   |   #22688

What Are the Schedules Attached to a Trust Used For?

I just purchases a revocable living trust. I do not understand the purpose of Schedules A and B. Please explain

07/15/2010   |   Category: Trusts   |   State: Illinois   |   #22673
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