Want this question answered?
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.
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 rights to see accounts and records. They have the right to see the final accounting presented to the court.
The mean of heir to heir means one heir from a family to another heir of the same family.
The executor can, but not the heir, it isn't their property.
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.
The executor is responsible for the estate and its assets. They can evict people living on the property.
If you evict him properly after consulting with landlord/tenant eviction attorney. Are you going to then sell the property and split money with the heir?
First, an heir is not an heir until a benefactor dies. Therefore, the person you refer to as the heir has no right to the owner's property while the owner is living.
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.
quit claim deed prevails
In the US: It is not required that a will be read by a solicitor/attorney. An Executor -an heir - or a Trustee - may fulfill the duty.
A trustee is an officer of the court. And is bound by state laws and court procedures. If the estate/trust is being held, it is due to the action of the court of jurisdiction, not the trustee. An heir can petition the court for a change in executor. They can also ask for a full accounting of the estate. If it is clear that they are dragging things out, perhaps to pad their bill, the court can replace them.
Yes, they can start the eviction process. They are responsible for the estate and its property. They could also collect rent.
What is the right way to say is Prince Charles an heir to the throne or a heir to the throne
Of course, if they're the heir, they have full right to it!
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.