What Happens When Trust Beneficiary Dies Before Grantors?
Question: Situation: Co-grantors created a revocable trust in Oregon with their son (A) as a successor trustee and beneficiary of a 70% share. The other beneficiary (B) is their son’s [...]
Can I Change How My Irrevocable Trust Will Be Distributed?
Question: I have an irrevocable trust. I would like to change how the real estate and cash in the trust is to be distributed. Some of my children could use the cash that is in the trust now. [...]
Will Property in an Irrevocable Trust with a Power of Appointment Receive a Step-Up in Basis?
Question: If my mother transfers real estate into 3 separate nominee trusts and her irrevocable trust is the 100% beneficiary of each, does the transfer result in a capital gains tax and a [...]
When Does a Power of Appointment Cause Property to be Includible in the Power Holder’s Estate?
Question: If I include in my revocable trust a general power of appointment giving my wife the power to decide the beneficiaries of all assets in the trust and she dies before me, does such power [...]
