85 legal [2, *]questions have been posted about trusts and estates by real users in New York. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include powers of attorney, charitable giving, and asset protection. All topics and other states can be accessed in the dropdowns below.
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If a person signs a document agreeing to give up a right or interest, without understanding it due to age or illness, and under the pressure or undue... Read Answer
I do not understand the relationship of you to this guy Camardella and the trust. If you are supposed to get something you must compel a... Read Answer
Your issues are unrelated. The trust has nothing to do with citizenship or birth certificates. If you have the trust documents, a lawyer... Read Answer
My first response is, who are the Trustees of the Trust? Those persons (or entity if a corporate Trustee is designated) have sole legal... Read Answer
I do not understand why nothing has happened for 10 years. When someone dies, a living trust becomes permanent, and is like a will except... Read Answer
It should definitely be drafted by a lawyer. Many times the lawyer is the trustee, but it is always better to involve people who care about the... Read Answer
This is actually a complicated legal issue, which will be governed in large part by the terms of the trust. When you say "New York Trust", I am... Read Answer
Corporate trustees do not take small trusts. Although there is a statutory commission rate which is based on gains in trust value, size of the... Read Answer
You will have to have it re-executed in a formal ceremony. However, if I am simply re-doing the other will, and my secretary just needs to... Read Answer
It depends how much is in the account. Either way, skip the will and just do an administration. If you are the only heir, no one can... Read Answer
Your question makes no sense. A distribution is money out. A bequest is a term relating to a will. A trust does not bequest,... Read Answer
A Domestic Asset Protection Trust can be a useful asset protection tool. However, you should not be a Co-Trustee in such an arrangment, and you... Read Answer
It depends upon whether trust provides to your mother a lifetime and/or testamentary "power of appointment" to "appoint" the house to one or more... Read Answer
May I suggest that you have a consultation with a qualified estate attorney, to determine the best path to undertake?
Gerry Wendrovsky, Esq.- Upper... Read Answer
You would need to get a court order, through a post-judgment proceeding, brought in the Supreme Court. It is unfortunate that you have not sought to... Read Answer
No, but there are notices known as citations that may be required, depending on the facts of the matter. There are provisions of the law that... Read Answer
Since the trust was created by your trust, you would need to file a Petition to terminate the trust with a court of appropriate jurisdiction. ... Read Answer
It's no easier to answer that question than it is to answer the question, "how much does it cost to fix a car?" A trust is just a tool of the... Read Answer
The answer is if you cash it in, you do need to pay taxes on it. However, you can roll it over into your own IRA, and not pay taxes. But,... Read Answer
You need a lawyer. For a primary residence, you need a Qualified Personal Residence Trust, which must be done exactly right, or else the IRS... Read Answer