Trusts Legal Questions and Answers

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How Do I Create a Special Needs Trust?

I have a friend who is 53 years old,is mentally challenged, brain damaged from birth, and had been on SSI for several decades. His mother died about 3 years ago and had pending Worker Compenstation clains. Recently, my friend is getting $2000 to $3000 from 1 lawsuit. There are 4 more lawsuits which could represent $20,000 to $30,000 his share. He has had 3 other siblings that w...

12/02/2009   |   Category: Trusts   |   State: Alabama   |   #19873

Can I Transfer Property to a Trust with a Small Estate Affidavit?

My Mother and I own a piece of real property as tenents in common. My Mother died. My Mother and Step-Falther have a Living Trust. My Mother has a Pour Over Will. The value of my Mother's 1/2 interest is less than $75,000. Can my Step-Father use the Small Estate Affidavit to add my Mother's 1/2 interest into the Living Trust.

11/23/2009   |   Category: Trusts   |   State: Texas   |   #19761

Can My Daughter Transfer Property to a Trust After We Deed he Property to Her?

Granto's , mom, dad and daughter own one third each undera survivorship deed of property located in Lake County Ohio. Mom and dad are transferring 1/3 each of their interest in that said property to daughter. Can daughter's property then be deeded into a revocable living trust .

11/23/2009   |   Category: Trusts   |   State: Ohio   |   #19757

What can I do if I have suffered due to the misstatements made by financial advisor of a trust?

had a lawyer who acted as a fiduciary for my mothers trust, whom mistreated the guidlines of trust , which is not the topic . the said lawyer during his time hired a finacial adviser to help us with what I do not know . I wanted to take my money out of said finacial advisers hands to invest in a condo, I asked for my money and he replied that I would be better off refinacing my...

11/20/2009   |   Category: Trusts   |   State: Arizona   |   #19712

What Do I Do When the Beneficiary in a Deed of Trust Dies?

Our family trust is co- owner of a trust deed that is ready to pay off. Some of the beneficiaries in the assignment of deed of trust have passed away. How is this handled in the reconveyance?

11/02/2009   |   Category: Trusts   |   State: California   |   #19425

How Do I Get Refinancing for Property in an Irrevocable Trust?

My husband and I recently had an irrevocable trust drawn. The Judge signed it 1/1/09. We did this as a precaution for our children in case of an untimely death. Since then, we tried to refinance our home, our only real asset, to make improvements only to find out that there doesn't seem to be a lending institution that will touch it with a ten foot pole because of the irrevoc...

10/07/2009   |   Category: Trusts   |   State: Pennsylvania   |   #18982

How Do I Change My Trust Without Having to Transfer Assets Again?

I have a Revocable, Living Trust dated 11/16/1992 which needed many revisions, and instead of amending this Trust, I created a new Revocable, Living Trust.However, the 1992 Trust contains all my assets.Question? Is there a way to amend and restate the 2009 Legal Zoom Trust in order to save me the hassle of transferring the assets from the old Trust into the new one.Does Legal ...

09/21/2009   |   Category: Trusts   |   State: California   |   #18718

How Do I Transfer Property Into a Trust in Colorado?

My parents own their home and want to move the deed to a trust in order to ensure that it goes to the trustees (their children) if something should happen to them down the road. Which documents do they need to transfer ownership of the house to a trust? And what documents do the trustees need to move it later from the trust to their names?

09/14/2009   |   Category: Trusts   |   State: Colorado   |   #18596

What can be done about transfers from a trust made under duress?

my father left me everything in his trust when he died in april. the woman he lived with intimidated me to sign over 80,000 to her and his car. i was depressed and suffering from depression and did not even realize what i did until 6 weeks later. can i go to an arbitrator and get it back?

09/10/2009   |   Category: Trusts   |   State: Illinois   |   #18556

How do I transfer real property to a living trust?

I and my wife plan to transfer our home to a Living Trust. Which form do I need to do this transfer of real estate?

09/09/2009   |   Category: Trusts   |   State: Texas   |   #18548
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