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Does the trustee of a irrevocable trust have to notify all family members of what is left in the trust?
Wiki User
∙ 15y ago
The beneficiaries are entitled to an accounting to make sure the trustee is not wasting the trust assets.
Wiki User
∙ 15y ago
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Can family members call to notify creditors of a death even if he has a wife?
Yes, family members can call. You must be able to verify account details though. And you will be required to send a death certificate as proof of death.
Should the 3 credit files be closed upon death?
you can notify them. but if there is any fraud it will not come back to the surviving family members.
How do you prepare for jail?
Arrange for someone to handle your personal business while you are away and notify family members of the address where you can receive mail.
How long can a trustee keep a case open?
A trustee can keep a case open anywhere from several months to several years if they discover assets. They are allowed time to collect the assets and then sell them. After that, they will notify and distribute the money to the creditors.
When would a prison notify an inmate's family?
Prisons will only notify an inmate's family in the event of death or injury serious enough to incapacitate him.
How do you know if a bankruptcy has been dimissed?
The bankruptcy trustee in charge of the case will notify the filer that the BK has been dismissed and the reasons for it having been done.
If you inherit money after filing bankruptcy can the attorney take it all even if you don't owe them that much ex. you inherit 25000 but owe them 5000 filed one year ago can they take all 25000?
Making no sense. Who is "them"? Attorney took the money?.. it wasn't the Court trustee? If you inherit money within 180 days after the discharge of your bankruptcy, you must notify your attorney who will notify the trustee and they may have claim to some of the inheritance. If the case was discharged a year ago, it is no longer property of the bankruptcy trustee.
What can happen if you don't notify the trustee of inherited money after bankruptcy?
Nothing, or your bankruptcy discharge can be reversed, or you can be fined or sent to prison. It depends on how much you inherit and how long after the bankruptcy you inherited it.
What if you have to leave your home two weeks after filing bankruptcy?
The petitioner should notify the office of the clerk of the state or federal BK court or the BK trustee (if one has been assigned).
Who do you notify when involved in an accident?
Medics , police, insurance company, family are to be called.
Do you have to notify trustee if in bankruptcy and car has been wrecked?
Almost definitely. The car may have equity that belongs to the creditors or it may be security to a car loan, in which case, you may wish to discharge this debt.
I need help. My sister got my Grandpa to sign his life over to her. He wants it back. She manipulated him and lied to get him to sign a power of att. and then made it irrevocable. Please call me, 2107070399; I need advise & help.?
The Power of Attorney is not "irrevocable." Your grandfather can cancel or revoke the POA and then notify her that he has done so, thus making it illegal for her to act on his behalf in the future. He can also revoke a durable POA if he wants. He should notify the bank and any other institutions that she no longer has his POA. If she is party to his bank accounts, he should visit the bank and have her name removed or if necessary, open an account that she cannot access.
