I, as an heir but not the "Trustee", was told I had no right to see, discuss or even know the trust existed. All of that is at the discretion of the trustee.
heir --- It is not an Heir. An Heir is what you call the people who receive something from a will or a trust. A person who dies leave a will is a Testator.
You have no responsibilities. The trust is responsible for its costs and distributing the assets per the terms of the trust.
No. The heir has no right to the funds set aside in the special needs trust. A living donor set that trust up with their own property and the heir has no rights to that property whatsoever. The trust is not responsible in any way for a sibling who was disinherited. Parents are allowed to disinherit their adult children.
An heir does not have to be a blood relative. An heir, also known as a beneficiary, is whoever is listed in a will or trust as a beneficiary. So it could be a friend, or a charitable organization, or a blood relative. It is up to the person making the will or living trust.
They have no rights in the trust. The trust has already been established. They may be able to get help from a trust attorney.
They must review the trust document to determine how trustees can be removed and replaced.They must review the trust document to determine how trustees can be removed and replaced.They must review the trust document to determine how trustees can be removed and replaced.They must review the trust document to determine how trustees can be removed and replaced.
Many places offer a probate or trust advances. You must verify you are a legal heir to a trust of an estate in probate or trust. You just have to have access to the estate paperworks and prove evidence of an inheritance over a certain amount.
Land can be removed from a trust by a deed from the trustee.
That can only be determined by a professional reviewing the language in the particular Will and trust
To accomplish this you must have a copy of the will or trust. Whoever is an heir may file a claim with the company holding the stock with the proof of the will or trust. One must note that it is the job of the Executor and or Trustee to do this. If you are not an heir then you have no entitlement to said stock.
If you mean a person outside the US then the answer is, yes.
The mean of heir to heir means one heir from a family to another heir of the same family.
Yes, the executor can be a beneficiary. The court may remove an executor at the request of the beneficiaries.
In God We Trust
Yes. They can and should be removed as soon as possible. Review the trust first to determine if there is power in the beneficiaries to remove the trustee and appoint a successor. If there is no such provision in the trust then an action can be brought in a court of equity asking that the trustee be removed and another trustee appointed.
A trust is an agreement. You cannot "modify" a trust by a deed. Trusts are modified by amendments to the trust. Property can be removed from a trust by a deed executed by the trustee if the trustee has been given the power to sell real estate.
It all depends on the provisions in the will.If (1) the "heir" is a beneficiary of a testamentary trust; and, (2) the "heir" "inherits" the property through a distribution from or of the trust res by the trustee, and, (3) the provisions of the trust instrument or will provide that the trustee has the power to do so; and, (4) the rights of the beneficiary terminate with the exercise of this power by the trustee as provided for in the trust instrument or will, then yes.
The heir to the throne was sworn in.I am the heir to a hotel empire.
He is his cousin, Uncle Roger's long lost son and twice removed heir to the Baskerville fortune.
In God We Trust
An executor is the term used for the person who has been appointed by a court to settle an estate. The person who can act for a trust is called the trustee. You should review the terms of the trust for provisions as to when the trust property must be distributed. If you think the trustee is not distributing the funds in a timely manner you should file a complaint with the court where the estate or trust was filed.
Trusts are managed by TRUSTEES not executors. You need to look to the language of the trust to see how a trustee can be removed. If there is no provision in the trust you will need to petition the court to remove the trustee and appoint a replacement.
the female is an heiress
Yes, you can use heir in a sentence. Heir is a noun. Here are a few example sentences: He did not leave any legitimate heir. I am the rightful heir to the throne.