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your mother and your father are considered to be hominoids
A revocable living trust is very similar to a living will. The owner of money or property can determine what happens to their estate after their death.
There is a disconnect here. A living trust is not related to an estate. The wording of the trust and perhaps the will associated with the individual will determine what the expectations are.
If the homeowner with a life estate goes into an assisted living facility, the life estate continues to exist. The individual with the life estate retains the right to live in the property until their death, but may choose to temporarily or permanently vacate the property during their stay in assisted living.
A power of attorney is executed by a living person who wants to appoint an agent to act for them. If your father is deceased you need to petition the probate court to be appointed the estate representative.A power of attorney is executed by a living person who wants to appoint an agent to act for them. If your father is deceased you need to petition the probate court to be appointed the estate representative.A power of attorney is executed by a living person who wants to appoint an agent to act for them. If your father is deceased you need to petition the probate court to be appointed the estate representative.A power of attorney is executed by a living person who wants to appoint an agent to act for them. If your father is deceased you need to petition the probate court to be appointed the estate representative.
Nothing happens to the life estate. The life estate remains as long as the person who holds it is still living. Any sale is based on the existence of the life estate. However, if the life estate has not vested, as in the life estate was to be left in a will and they haven't died yet, then the life estate is void.
It all depends on whether the father is living or not. If he is living you must ask him. He has no legal obligation to show his will to anyone. If he is deceased and his estate was probated you can visit the court and obtain a copy.
There are several factors. If the Father has a will. If the estate and all assets willed to the living spouse. You would have to go to court to seek petition for assets or part of the estate. * A valid Will is legally binding and once probated cannot be contested by anyone. If the person died intestate the state's probate succession laws will apply.
I am assuming that your grandmother does not have a spouse who is still living. In California, if a resident dies without a will or trust, then the laws of intestate succession are used to determine who will inherit the estate. If your grandmother was not married, then the estate would be divided in equal shares (if they are in the same generation) to her children. If there are no children or grandchildren living, then the estate would go to her parents. If her parents are no longer living, then the estate is distributed to the "issue of the parents." (Issue is the legal term for children, grandchildren, etc.) I am not an attorney but typically, in your situation, you would inherit one third of the estate. (Your father's portion.)
No. Probate is a judicial procedure that distributes the estate of a person who has died. A living estate is all the property owned by a living person.
CAn the POD designee be a living trust?
yes, and in states like Missouri, the paternal grandparents estate, also if they are still living at the time the father passed away.