Question: My sister-in-law only gets Social Security of $1,500 a month and her husband $750 a month. Her husband is sick and when he dies she will loses his share of the Social Security. They [...]
Question: I am starting a 1041 for my Mom’s estate and had a question about distributions. My sister acquired my Mom’s share of the house they both owned and lived in together. Is my [...]
Question: I am the successor trustee for my grandma who lives in Arizona. She has a home in California in her trust. I’m planning on selling the house when it’s time. My question is [...]
Question: My father passed away in August of 2023. He had a revocable trust naming me and my sister as co-executors. He had one bank account worth $100K. No real estate. Once he passed, we [...]
Question: My brother’s inheritance is in trust. It includes a 50% interest in my parent’s home that he lives in and a stock/bond portfolio from which he gets monthly distributions. [...]
Question: The online trust services I have contacted (LegalZoom, Trust & Will) include standard recitations that the overseas grantor lives in a US state with no option not to select one. I [...]
Question: Can an overseas U.S. citizen set up a revocable grantor living trust for their U.S. financial assets without a U.S. state of residency specified? Response: Yes, that should be fine. But [...]
Question: I was put in touch with a friend of a friend whose mother is unfortunately in the final days or weeks of a terminal cancer. Her attorney advised her not to pay her mother’s [...]
Question: I was put in touch with a friend of a friend whose mother is, unfortunately, in the final days or weeks of a terminal cancer. Her mother is renting a condo in Massachusetts. What [...]
Question: I am trying to set up the chart of accounts for our family’s (my wife’s & mine) accounting. How do I categorize our (my wife’s & mine) revocable trust? Do I [...]