DIFFICULT question about irrevocable living trust? - irrevocable living trust
An irrevocable trust is about 15 years. The descendants of the proximity to the last minute. In his last 3 years of life was a New Testament says that everything you give to his son when he is told to get a game (on 10% confidence). The receiver (step-child) is not included in the New Testament. The name of the child has been placed on all accounts, is a co-owner, and all their possessions (houses, cars, etc.), but confident, still exists.
My question is: What do you believe, as children (whose father is the one who created the trust existed and) you can achieve? Their names are in the trust, not in the will and the will gives everything to his son, who was only a small portion of the trust.
Do you have the confidence to make a decision in this case, sir, if anyone thought the co-ownership of everything?
Tuesday, January 5, 2010
Irrevocable Living Trust DIFFICULT Question About Irrevocable Living Trust?
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You really need to consult a real lawyer. First, under an irrevocable trust, a third-party administrator must have control over the asset and its dispersion on the basis of the guidelines of confidence and can not receive, orders from the person who has had the confidence, ie the irrevocable, what to do with the property, and put the names of the children in the general classification title, etc.
ReplyDeletePlacement of the child in the fact that when under the control of the trust? and the address was that?
But beyond the question of the housemates, and had the power to adopt, as soon as an irrevocable trust is established, it can not be changed by the will, once again, the irrevocable