My friend, a dual Canadian/American citizen living in the UK, is discussing the terms of a trust with her (US) father. By the time she inherits, she may have given up US citizenship. Does this need to be mentioned so they can account for it now?
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posted by Madamina
on Jan 3, 2013 -
15 answers
My father and I are interested in buying and splitting an investment property 50-50. What are the sort of legal arrangements we should be looking into to lower tax burdens and maximize buying power? LLC? Trusts? Who should we be talking to about this?
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posted by notnathan
on Apr 28, 2011 -
7 answers
Since I am a lawyer (though of course, not your lawyer, and not his lawyer), a family member asked if I could help him with some issues regarding a durable power of attorney (NY State). Unfortunately, I'm not a trusts & estates lawyer, so I need some direction as to what I should look at and consider in order to let him know whether he should consult a lawyer with that expertise. I know you're not my lawyer, and I'm not seeking your legal advice.
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posted by Caz721
on Jan 30, 2009 -
5 answers
Relative C receives power of attorney over Relative A. Relative C wants to change the will. Relative A, on her good days, agrees. Their lawyer won't let this happen, claiming conflict of interest. What to do?
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posted by anonymous
on Aug 8, 2008 -
18 answers
my friend invests a lot of his money in energy and oil trusts. typically these trusts pay a dividend per share every month...and so they tend to average higher yields than most regular stocks. PWE is one of them. im considering putting money into an energy trust, but i want to know if the buzz is legit. somebody write back...
posted by locoindio
on May 6, 2008 -
4 answers
Is helping family from New York prepare wills and trusts the "unauthorized practice of law" if I'm an attorney from a different state?
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posted by pikaboy202
on Dec 6, 2007 -
7 answers
If a person has a trust and then dies, does the executor HAVE to disperse the assets as instructed in the trust/will? What's to stop him from just keeping everything, or rearranging the distribution? I was recently left a piece of property, but I am worried the executor (my brother) will try to sell the property to pay the estate taxes rather than dipping in the brokerage account (which was left to him). Or would there be another, separate account dedicated to paying the estate taxes? My brother is not entirely honorable about these things, and the brokerage account far exceeds the value of the house. Does anyone know how much latitude he has?
posted by anonymous
on Nov 6, 2007 -
11 answers
Please help me make a proposal to my family about the fate of my parents’ home that is equitable and reasonable and doesn’t make me seem like a greedy jerkface.
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posted by tristeza
on Apr 6, 2007 -
24 answers
What can I do to continue recieivng SSI and Medicaid benefits if I received a lump sum insurance proceeds?
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posted by pikaboy202
on Mar 6, 2007 -
11 answers
Would a member know what is considered a reasonable and just fee acting as a legal Executor for a person's Estate in the State of Florida? Is there a web site that would provide an estimate of Executors fees handling the disposition of a Florida Living Trust? Thank you.
posted by Mckoan1
on Dec 18, 2006 -
2 answers
