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Try to pay YOUR debts and handle YOUR finances. What did you think? Ever read your filing? THAT IS WHAT YOU BEGGED THE COURT TO DO ...... Your sworn words...not mine. Doofus.

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16y ago

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Related Questions

Lawsattorney is responsible for report of trust money?

If he is also the TRUSTEE. It is the trustee who is responsible.


How do you get money out of your trust when trustee refuses?

in estates


What if the executor of a living trust spends all the money that was in a bank account to maintain the estate for his own personal use Now there is no money to maintain the estate.What can be done?

A living trust has a Trustee (not an executor). You can bring a lawsuit against the Trustee. In the lawsuit the trustee will have to show what was done with the money, and the court will judge whether it is against the law or not. The trustee has a fiduciary responsibility and if that is violated, and there is proof, the trustee will lose the lawsuit and you will win damages.


Can the Trustee take money after the bankruptcy is dismissed?

NO....DUHHHHHHHHHHHH


Can a trustee of an estate be challenged by a benificiary?

Yes trustee of an estate can be challenged by a beneficiary. When acting as the trustee you have to deal with not only people but also money you may worry more about the money part but really you have to worry about the people because it can be more challenging. Been a trustee can be easier if you have cordial dealings with truthful beneficiaries.


If a house is placed in an irrevocable trust does the trustee have the right to borrow money to reinvest in the house for improvements and maintenance?

You need to review the powers granted to the trustee in the trust instrument. The trustee may need to get court order if the power to borrow money was not granted in the trust.


Does the trustee owe the trust money because the real estate market took a plunge?

Generally, no. The decrease was not the result of the actions of the trustee.


Can the trustee of a irrevocable trust buy the house in this irrevocable trust and take a loan out on the house to pay the other beneficiary?

You need to review the terms of the particular trust in order to determine what the trustee can and cannot do. A trustee has only the powers set forth in the trust document. Generally, a trustee should bot take money from the trust for his/her own use.You need to review the terms of the particular trust in order to determine what the trustee can and cannot do. A trustee has only the powers set forth in the trust document. Generally, a trustee should bot take money from the trust for his/her own use.You need to review the terms of the particular trust in order to determine what the trustee can and cannot do. A trustee has only the powers set forth in the trust document. Generally, a trustee should bot take money from the trust for his/her own use.You need to review the terms of the particular trust in order to determine what the trustee can and cannot do. A trustee has only the powers set forth in the trust document. Generally, a trustee should bot take money from the trust for his/her own use.


Can you amend your bankruptcy to exempt tax refund?

Not really, because the Trustee will want to get that money to pay off your creditor. You dont have a "right" to that money but it will instead depend on the amount of the refund and any local trustee practice.


Does a trustee get all the money in a trust?

No. The trustee has the power and authority to handle the money in the trust according to the terms set forth in the trust. The trustee must distribute the profits as provided in the trust and must distribute the remaining trust property when the trust terminates according to the provisions in the trust. The trust may also provide compensation for the trustee.


What happens when a trustee steals money from a trust account?

They have breached their fiduciary duties as a trustee. They can be brought up on a number of criminal charges or sued in civil court.


Is the settler the same as a trustee?

No, a settler is the person who creates a trust by transferring assets into it, while a trustee is the person or entity responsible for managing those assets in the best interest of the beneficiary of the trust.

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