it goes to the next of Kin or to the state as cherity
As trustee that is their responsibility.As trustee that is their responsibility.As trustee that is their responsibility.As trustee that is their responsibility.
yes
You cannot have the same person as grantor, trustee and beneficiary in any trust. There is no trust created in such a set up. The grantor in an irrevocable trust cannot be the trustee. The property in an irrevocable trust must be permanently separated from the grantor's control.
A trustee and a beneficiary are essential to a trust. Without a trustee and a beneficiary there is no valid trust. They should not be the same person.
A successor trustee will distribute the trustor's personal belongings as dictated by the will and testament. This means that the successor trustee is bound by the same legal obligations as the original trustee.
No. That would invalidate the trust.
A trustee has only the powers set forth in the trust. You must review the trust document to determine what the trustee can do.
You need to review the terms of the trust to determine the extent of the trustee's power.
The trustee must sign. The trustee is the only person who has the power to sign on behalf of the trust. It is their purpose.
Yes. The trust would be represented by its trustee in the suit. However, the trustee would not be personally liable.
my brother is the is in charge of my parents irrevocable will of trust can he remove me
The grantor has no control over the assets in an irrevocable trust. Those assets are under the control of the trustee.