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How can an adult child get a copy of their deceased parents' living trust when a brother who is the trustee refuses to supply one?
Contact the Attorney or whomever Legally drew up the Trust. * The attorney will not give out such information. If the trustee refuses to supply the beneficiaries with a copy of the trust or the information that is sought, the interested party will need to petition the probate court for a copy of the document.
What else can I help you with?
How can you remove a Trust Fund trustee?
my brother is the is in charge of my parents irrevocable will of trust can he remove me
How do you get money out of your trust when trustee refuses?
in estates
How can you find information on a persons living trust?
If the person is deceased, you can contact the trustee if you know who the trustee is.
Two sisters inherit a home that deceased parents left them in a trust My own home is into foreclosure is there a way I can force sister to borrow off the beach house to buy me out?
What beach house? Who is the trustee? However, the answer is probably no. The trustee typically has discretion on when and how to make distributions from the trust.
Does the trustee who is your sibling have to provide the beneficiary with a copy of parents trust?
Yes. You should be able to review the trust. You can also ask for a regular accounting so that you can monitor the trustee's management of the trust property. If the trustee refuses you can file a motion in a court of equity to compel an inventory and accounting. You should consult with an attorney who can review your situation and explain your options.
What power does a trustee have over real estate My father left me his home in his will and left my brother as trustee over the inheritance What privileges does this give my brother?
He has to abide by the laws in the State you are in and that includes what the Will declares. If you are to get the house then you get the house. Usually Wills are probated to be sure that all personal/property taxes are paid off and this includes all creditors are paid in full. What is left is called "Residue of the Estate." You also have a right to a copy of the Will and if your brother refuses to give you one, then get a lawyer and demand one.
Who will get the assets of a deceased parents if children are underage and there is no will and testament in state of Florida?
The state will open the estate. The assets will go into a trust for the use of the children. The state will appoint a trustee for the assets and a guardian for the children. They may be the same person.
How can you find out if your trustee is taking monies from the trust account?
There should always be provisions that the trustee must provide periodic accountings to the trustor and the beneficiaries. There should be at least annual accountings where the trustee must account for every cent coming into the trust and every cent going out. If the trustee refuses then you should petition the court to compel the trustee to provide an accounting ASAP.
How does the trustee of an irrevocable trust distribute to the beneficary who is now deceased?
it goes to the next of Kin or to the state as cherity
What needs to be done when both parents are deceased and they had a revocable living trust how do you take care of it and do you need to get a tax ID to start and account?
When both parents are deceased and they had a revocable living trust, the successor trustee named in the trust document should step in to manage the trust's assets according to its terms. The trustee may need to obtain a tax ID number (Employer Identification Number, or EIN) for the trust if it will continue to hold assets or generate income after the parents' death. It's advisable to consult with an estate attorney to ensure proper administration of the trust and to address any tax obligations.
Are adult children responsible for paying deceased parents medical bills when there is a trust and the adult child is named co-trustee?
In most cases the debts of the deceased are the responsibility of the estate or the trust. Anyone that was also a co-signer on any of the agreements might also be responsible. Consult a probate attorney in your jurisdiction for help.
Is it illegal for your brother who was made trustee in mothers living trust to file a quick claim deed?
Your brother's powers as trustee are set forth in the trust document. You need to revew the trust to determine what he can and cannot do.
