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A widow can be evicted from a house you received in a trust. It is best to go through a lawyer in this situation.
Wiki User
∙ 9y ago
It would depend on the terms of the trust and the laws in the jurisdiction where the property is located. In some cases, a widow may have legal protections that prevent eviction from a property held in a trust, especially if they have a right of occupancy or support from the trust assets. It is advisable to consult with a legal professional to understand the specific circumstances and rights involved.
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Can an irrevocable trust be added to the deed of a house?
An irrevocable trust cannot be added to the deed of a house. Once assets like a house are placed within an irrevocable trust, they are owned by the trust and not the individual, so they cannot be added to the individual's deed.
Who is responsible for the upkeep of a house left in trust to children whilst stepmother lives on it it until her death?
The trustee named in the trust document is responsible for the upkeep of the house, including any maintenance, repairs, and upkeep costs, while the stepmother lives in it. The trustee must ensure that the property is maintained in good condition for the children's benefit when they eventually inherit it. It is important to review the trust document for specific instructions regarding the responsibilities of the trustee in this situation.
Does a will override a revocable trust?
Usually a revocable trust takes precedence over a will when it comes to distributing assets. Assets held in a trust don't typically go through probate, unlike those held in a will. However, it's essential to ensure that the trust is properly funded and that the terms of both the will and the trust are aligned to avoid conflicts.
Are the debts of a trust payable out of the trust estate?
Yes, typically the debts of a trust are payable out of the trust estate. Creditors of the trust have the right to seek payment from the assets held within the trust before distribution to the beneficiaries.
Does a Will supersede a previous Trust?
Wills and trusts act indepently of each other. Whatever property is in the trust will pass according to the terms of the trust. The will only controls those items of property which were individually owned by the decedent at the time of their death. Trust property would not be included in the estate.
In Florida can creditors collect from the deceased's estate when the house is held as a trust?
No.
Who has the legal title of the property in a trust?
Trust property.The title to the trust property is held by the trustee.Trust property.The title to the trust property is held by the trustee.Trust property.The title to the trust property is held by the trustee.Trust property.The title to the trust property is held by the trustee.
Who is responsible for the upkeep of a house left in trust to children whilst stepmother lives on it it until her death?
The trustee named in the trust document is responsible for the upkeep of the house, including any maintenance, repairs, and upkeep costs, while the stepmother lives in it. The trustee must ensure that the property is maintained in good condition for the children's benefit when they eventually inherit it. It is important to review the trust document for specific instructions regarding the responsibilities of the trustee in this situation.
What is the beneficiary in a trust?
the beneficiary in a trust is the person whom benefits from that which is held in trust.
Can a trust lend money to a beneficiary to buy a house even though the trust usually distributes income to the beneficiary at year end?
You need to review the terms of the trust. The instrument that created the trust sets forth all the powers of the trustee. You need to determine if the trustee has the power to loan money from the funds held in trust.
What actors and actresses appeared in Held in Trust - 1986?
The cast of Held in Trust - 1986 includes: Diana Rigg as Herself - Presenter
Can property held in a trust be seized by a court order?
Yes. There are circumstances whereby a court can order the transfer of property held in a trust.
Can a name be added to living trust property?
No. The property in a trust is held in the name of the trustee of the trust. It may be possible to amend the trust to include another trustee. Such actions should be done by an attorney.No. The property in a trust is held in the name of the trustee of the trust. It may be possible to amend the trust to include another trustee. Such actions should be done by an attorney.No. The property in a trust is held in the name of the trustee of the trust. It may be possible to amend the trust to include another trustee. Such actions should be done by an attorney.No. The property in a trust is held in the name of the trustee of the trust. It may be possible to amend the trust to include another trustee. Such actions should be done by an attorney.
What are the release dates for Holmes on Homes - 2001 Held in Trust?
Holmes on Homes - 2001 Held in Trust was released on: USA: 1 November 2007
Can a trustee get a loan on the property held in trust to pay off heirs?
Trustee is not the owner of the property and hence he will have no right to sell the property held under trust.
What is the name of the chest that held the temples money The story of the widow gave her money.?
God's work
Is property held in an irrevocable trust protected in bankruptcy?
Can you protect your assets from bankruptcy by placing them in an irrevocable trust?
