Question: My husband and I both set up Spousal Lifetime Access Trusts. The trusts state that the trustee may distribute to the beneficiary as much of the income and principal as such trustee may [...]

Question: I am having some negative luck with getting advice about trusts. I am on SSDI. My disability, juvenile rheumatoid arthritis began when I was three years old. I am now 62. I applied for [...]

Question: If we have QTIP trusts in our joint revocable trust to protect a surviving spouse from a second marriage gold digger or second marriage divorce, can the surviving spouse serve as the [...]

Question: I inherited lake shore property (vacant land–no house) that I am now selling. How do I figure the capital gains on the sale? Response: The capital gain will be the difference [...]

Question: We recently sold my father’s home which was in a trust. My sister lived with my father from the 1990 until my father died in 2005, and continued to live at the property until 2022 [...]

Question: My mother had a reverse mortgage and she went into a nursing home and received Medicaid for no more than 7 months before she passed away. Now, I have received a letter from the state of [...]

Question: My client is an Indian citizen and has already executed a will in India. While in India, she accumulated stock in the United States. Her Indian will has her dad, mom, and daughter as [...]

Question: We have a living trust in a bank which has a very small interest rate. Can we transfer this account to a high interest account at another bank. How do we do this? Response: Yes. You [...]

Question: I represent a 90-year-old U.S. citizen that lives in Florida and has never been married and has no children. He would like to leave his estate, which consists of cash, stocks, and bonds [...]

Question: My sister owns half of a seven-unit apartment building with my brother. She wants quarterly reports and wants to be part of the decisions made with building, but my brother’s [...]