Archive for the 'Personal Finance' Category

What type of trust (legal document) do I need?

Wednesday, July 21st, 2010

Sunny_1_ asked: I do not have a will but know of a type of trust that can be used to avoid probate. What is the name of it and where can I find a source on the internet that will provide this type of document for me (free of course!). Also, I live [...]

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Does durable power of attorney give me the right to quit claim my dying father’s home to myself and siblings?

Wednesday, July 21st, 2010

ksmith517 asked: My father is dying and doesn’t want to have his properties probated, yet he never set up a trust or quit claimed the properties to us children. I have durable power of attorney. Can I quit claim the house and land to me and my siblings, legally? This is my father’s wish, so [...]

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Can the terms of an irrevocable trust be altered?

Tuesday, July 20th, 2010

brewski52_4 asked: I am the beneficiary of an “irrevocable trust”. The “grantor” is a conservator for my alive 100% disabled Veteran father. I have talked to the P.C. who established the trust with the conservator. He tells me that The terms of the trust are that all assests in the trust are turned over to [...]

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Is there any way to find out who is the beneficiary of a trust?

Sunday, July 18th, 2010

Dan K asked: A family member died, and their will leaves everything to a trust in their own name. Is it possible to find out who is the beneficiary of that trust?
The trust was in effect before the date fo death. I have a copy of the will, but it gives not details [...]

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How can i start a trust fund?

Saturday, July 17th, 2010

arianarjohnson asked: My daughter’s birthday is coming up and instead of everyone in the family buying her all these gifts I would much rather if we could all put money into an account for her that no one can touch until she is 18. Now the most important part is that I want people to [...]

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What is an irrevocable trust and why would someone choose to use this kind of trust instead of another?

Friday, July 16th, 2010

lalala asked: My Grandfather had a multimillion dollar estate that he had always planned to divide equally between me, my mother, and my sister and his step-son and two step-grandchildren. He passed away two years ago and his wife got all of it, and frankly, my family is worried that she is going to [...]

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how can i access a trust fund when in financial distress?

Friday, July 16th, 2010

Joshua Lesser asked: is there any way at all that i can gain access to a trust fund left for me by my great grandmother. the catch is, im 17 and im not supposed to get it until i am 18. but my family cant even buy enough food to provide for itself. is there [...]

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Can I buy a house for my grandchildren and let it - If so what is the best way as regards trusts?

Tuesday, June 1st, 2010

Jane asked: What is the best way to arrange a trust document- or can they just be minors, and owners. I’ve heard family trusts will be expensive to run from next year.Sydney Quickel

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Can a trust fund be willed to other family members if inheritor doesn’t live to receive trust fund?

Thursday, May 20th, 2010

aspen24 asked: I have inheritance in trust fund from grandfather when grandmother passes. If I don’t outlive her can I will my trust to my children?Sherry Cheon

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How do I find my trust fund?

Friday, April 23rd, 2010

Tatiana asked: Supposedly my step grandmother left me and my little brother a trust fund. I have no family to tell me whether or not this is true. I don’t know where to start to look? Call lawyers? Banks? I have no clue. It was in California. I am a Florida resident now. HEELLLPPPP please [...]

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