Trusts Legal Questions and Answers

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How Do I Transfer Property Into a Trust in Florida?

In order for me to get a Reverse Mortgage, my wife, who is not old enough to qualify, gave me a quit claim deed. I now want to record a Warranty Deed to put the house into our Revocable Living Trust. Which form do I need so that my wife can sell the house when I die?

09/09/2009   |   Category: Trusts   |   State: Florida   |   #18534

I am unclear on how to proceed with getting this CD into the trust.

My mother recently died and left everything in a Living Trust with the exception of a CD, which is less than 20 K. I am unclear on how to proceed with getting this CD into the trust. Thank you!Best,Susan Hunsaker

09/03/2009   |   Category: Trusts   |   State: Arizona   |   #18420

How Do I Transfer Property from a Trust to the Beneficiaries?

I hold the deed to the house and property (50%), and as trustee for my children (50%). My children are grown now, and I wish to make them equal owners to the property(50/25/25). How can I do this, but more importantly, how are they affected by this?

08/09/2009   |   Category: Trusts   |   State: California   |   #18006

Can a Trust With No Assets Be Terminated?

My aunt recently passed away. She and her husband (already deceased) had a Trust through the Legacy Treasury Direct. She did not reinvest any of her holdings and now her account has a 0 balance. My question is what do I do? Can this account be closed, will we owe taxes? This was directly part of their will. Are there any legal repercussions? The family would like to just close ...

08/05/2009   |   Category: Trusts   |   State: Missouri   |   #17965

Should I Revise My Living Trust or Create a New One?

Re: Living Revocable TrustQuestion: While resident of California in 1990's, had Living Revocable Trust put in place. Have moved, bought new properties, have many changes to make.(Some of my beneficiaries are now deceased.)Would it be easier to replace that Living Trust with a new one, with current Oregon info, or stay with the original California will, the one established alr...

08/03/2009   |   Category: Trusts   |   State: Oregon   |   #17930

Is Taking Out a Loan Considered Disbursing Funds?

If a trust fund states that no funds are to be disbursed until a specific time, would an investment which results in a mortgage and taxes be considered disbursing funds?

07/27/2009   |   Category: Trusts   |   State: Texas   |   #17824

Will a Trust Avoid Probate and Estate Taxes?

In North Carolina would the Living trust avoid probate and taxes that would be incurred with just a Will?

07/20/2009   |   Category: Trusts   |   State: North Carolina   |   #17663

What Forms Are Needed to Appoint a Successor Trustee?

I am adding a Successor Trustee to a trust. I am not the original trustee but am now the sole trustee. I am wondering which forms to use from the US Legal Forms shown on the page below. Do I also need the 'Consent of successor trustee' form?

07/08/2009   |   Category: Trusts   |   State: California   |   #17390

What Are My Rights As Beneficiary of a Trust?

What are my legal rights as a beneficiary in a trust? My brother is trustee. He will not give me any accounting reports, notice of administration etc. Can I seek any legal remedies?

07/03/2009   |   Category: Trusts   |   State: California   |   #17327

How Do I Modify a Trust or Will of My Father in California?

I believe my brother now has the durable Power of Attorney on my father's trust. He was 3rd in line as trustee. He now handles my father's trust affairs and is drawing the trust down before it reaches the inheritance where he then becomes the executor of the estate. I can't tell whether or not the will or trust was modified during the last 18 years. However, I have been spe...

06/23/2009   |   Category: Trusts   |   State: California   |   #17156
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