Question: How do I go about forming a trust? Response: There are really two ways to form a trust: Do it yourself with an on-line program or hire an attorney. The advantage of an on-line program [...]
Question: Is it fair for a family member acting as trustee and property manager to charge the same fees as professionals, considering the potential conflicts of interest and lack of experience in [...]
Question: My stepmother has a life estate for our family farmland. She is 85.6 this month. My three sisters and I are hold the remainder ownership. A company wishes to purchase the land for [...]
Question: My mother established a nominee trust in 2005 when she was living at the time in Massachusetts. She placed my bother as the trustee. At the same time she established a revocable [...]
Question: Trusts often include provisions similar to these: Governing law: This document is governed by the laws of [name of state]. Severability: If any part of this document is invalid or [...]
Question: What is the difference between a per stirpes and a per capita distribution of an estate? Response: It’s always confusing when lawyers or their documents use Latin words. You may [...]
Question: My 100-year-old mother formed an irrevocable trust for Medicaid-planning purposes back in 1997. It has a brokerage account that holds a T bill and some stocks. The stocks have a fairly [...]