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A person's will is intended to direct the distribution of their property after their death. Sometimes a person's assets change during life. If a person transferred property to a trust during his life that property would not become part of his estate unless some provision in the trust directed that the property should pass to the estate. Therefore a trust would "override a will" if the property mentioned in the will had already been transferred to a trust during the life of the testator.
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Does a Grant deed override a Living Trust in California?
In the state of California, a Living Trust will override a grant deed. You should speak to a lawyer to draw one up.
Does a trust override a will?
A person's will is intended to direct the distribution of their property after their death. Sometimes a person's assets change during life. If a person transferred property to a trust during his life that property would not become part of his estate unless some provision in the trust directed that the property should pass to the estate. Therefore a trust would "override a will" if the property mentioned in the will had already been transferred to a trust during the life of the testator.
If a mentally unstable child is to inherit a trust at age 18 can a parent override the age when trust is paid?
The person(s) who established the trust would have to amend the trust. Some trusts cannot be amended.
Can a will override an older revocable trust?
The trust property is not part of the estate unless the trust is found to be invalid and the testator was also the trustor. The will provides for the distribution of property owned by the testator at the time of death. More specific details may be added on the discussion page.
Does an irrevocable trust override deed of survivor-ship?
An irrevocable trust can potentially override a deed with a right of survivorship, depending on the specific terms of the trust and the deed. If the property is transferred into the irrevocable trust, the trust's provisions will govern the distribution of the property upon the grantor's death. However, if the property remains outside the trust and is held in joint tenancy with a right of survivorship, the surviving owner will typically inherit it directly, bypassing the trust. It's essential to consult with a legal professional to understand the implications in your specific situation.
Can a living trust's division of real estate override a lonely recorded divorce decree of half equity upon sale or transfer of title?
No.
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.
How do you override edgewave iprism?
This system is hard to override.
Can you override the life cycle methods of a JSP?
You cannot override the jspService() method but you can override the jspInit() and jspDestroy() methods
Will living trust overide bank savings beneficiary?
A living trust can override a bank savings account's beneficiary designation if the assets are transferred into the trust. Once the funds are in the trust, they are managed according to the terms of the trust document. However, if the bank account remains outside the trust and has a designated beneficiary, that designation will generally take precedence over the trust upon the account holder's death. It's important to coordinate the trust and beneficiary designations to ensure that the intended distribution of assets is achieved.
What is a good sentence using the word override?
Do not override the thermostat.
Where is the security override in Halo Combat Evolved?
When you override security.
