How Do I Deal With Property In a Nominee Realty Trust in Florida?
January 15, 2025
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.
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.
Question: Should I Transfer House Out of Trust Before Selling It? I am the sole trustee and sole beneficiary of my deceased (2022) mom’s revocable
Question: My mother, a Massachusetts resident, passed away in October 2022. She had an irrevocable trust, established June 2011. The only asset in the trust
Question: In Massachusetts, does the schedule of beneficiaries have to be signed by the beneficiaries? Response: Typically, yes. But there’s actually no law on this.
Question: Would a bank grant a refinancing or line of credit to the mortgage of a house held in a nominee realty trust? There are
Question: My brother and I are the trustees of a “Nominee Trust.” We sold the property held in the last month. The trustees and two
Question: Is there a homestead law in Massachusetts? What are the pros and cons to register for homestead? When a house is in a nominee
Question: I am the trustee for a nominee trust that holds a family home and trustee for a family trust which is listed on the
Question: Do nominee realty trusts have to go through probate? Response: Theoretically, yes, but in practice, no. To understand this distinction, we’ll have to start
Question: Which Massachusetts tax form do I file for a nominee real estate trust? The only income is interest earned of $1,600 from the proceeds