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Yes, that would be legal. However, you would be giving up any rights you have to benefits under the trust. You are under no obligation to sign away your rights as a beneficiary under a trust.
If you know the attorney who drafted the trust you should discuss the situation with her/him. You should have access to a copy and the attorney's name should be on it. If that attorney is no longer available then consult with your own attorney. You should determine why your father wants you to waive your interest in the trust and perhaps review the trust assets.
What else can I help you with?
If you marry your fiance who does not have legal custody of your son does your fiance have any legal rights toward him?
No. If the fiance is the natural father, then he does have rights to his son. Getting married doesn't give him legal rights to your child (assuming he is not the father). He must adopt in order to have legal rights.
Do I as the primary custodial parent of my six-year-old son have the right to say who he spends time with while visiting his father?
No his father has that right when he exercises his visitation rights. You have no legal right to that kind of control.No his father has that right when he exercises his visitation rights. You have no legal right to that kind of control.No his father has that right when he exercises his visitation rights. You have no legal right to that kind of control.No his father has that right when he exercises his visitation rights. You have no legal right to that kind of control.
What is the difference between Legal and Equitable Rights?
A legal right is a right you have to something without any barriers. An equitable right is one that would be recognized by a court of equity. One of the easiest to understand examples is the right of real property ownership.Suppose a person purchases a parcel of land by deed from its owner. That person becomes the legal owner of the property. They have a legal right of ownership.Now suppose a person inherited a parcel of land as the only heir at law of her grandfather. The grandfather's estate must be probated to transfer legal title to the beneficiary. When the estate is probated through the probate court the beneficiary will become the legal owner of the premises by virtue of the court order that allows the probating of the estate.If the estate is not probated the beneficiary has an equitable right to the property and is not the legal owner. She has the right to commence a court action to probate the estate so she can acquire the legal right to the premises.Another example: An owner whose land is taken by the town due to nonpayment of real estate taxes has an equitable interest in the property until that right has been barred by a court decree. In this case the delinquent property taxes are the barrier to full legal ownership. The delinquent taxpayer is no longer the legal owner of the premises. Until the delinquent owner's rights have been barred by a court decree they have the right to pay the delinquent taxes to redeem their property and become the legal owner once again.
What rights have as beneficiary in will when not the executor?
All the rights required. He or she does not need to be an executor to receive any bequest. It is the responsibility and legal duty of the executor to carry out the wishes of the deceased.
What is the difference between a presumed father and a biological father in terms of legal rights and responsibilities?
A presumed father is a man who is assumed to be the father of a child, often based on marriage or acknowledgment, while a biological father is confirmed through genetic testing. In terms of legal rights and responsibilities, a presumed father may have rights and obligations based on the assumption of paternity, while a biological father's rights and responsibilities are established through genetic testing and legal procedures.
Will the mother or biological fathers stepsister be more likely to get custody of the 7 month old baby of a married woman?
The father's step sister has no legal rights in this case. A mother automatically has custody of her child.The father's step sister has no legal rights in this case. A mother automatically has custody of her child.The father's step sister has no legal rights in this case. A mother automatically has custody of her child.The father's step sister has no legal rights in this case. A mother automatically has custody of her child.
Can you get legal rights back as a father if i already sign rights over?
yes u may
If a child's father remarries after the mother dies and the new spouse is executrix of the father's will does the child have a legal right to obtain a copy of the will?
Only if the father has passed away. As a possible beneficiary, the children are entitled to see the will, but until then there is no legal requirement for anyone to provide a copy.
Does the birth mother have to file for legal custody of her son in Virginia even if there is no legal father?
No. If the mother is unmarried then she has legal custody of her child automatically. If the father wants parental rights he must establish his paternity in court.No. If the mother is unmarried then she has legal custody of her child automatically. If the father wants parental rights he must establish his paternity in court.No. If the mother is unmarried then she has legal custody of her child automatically. If the father wants parental rights he must establish his paternity in court.No. If the mother is unmarried then she has legal custody of her child automatically. If the father wants parental rights he must establish his paternity in court.
What if a beneficiary refuses to accept?
If a beneficiary refuses to accept an inheritance or benefit, it typically results in the asset being passed on to the next designated beneficiary or according to the terms of the will or trust. The refusal must usually be documented formally, often through a legal disclaimer. In some cases, the refusal may also have tax implications, which should be considered. It’s advisable for the beneficiary to consult with a legal professional to understand their rights and options.
What are the Beneficiaries rights in an estate?
"Rights" may not be the appropriate term. A beneficiary has a "claim" to the estate, arising from their inclusion in the will. Anyway, to get to your question, a beneficiary should be given a copy of the will, so that they may view their entitlement, and the entitlement of all the other beneficiaries. Also, the Executor should contact you and inform you of their progress administrating the estate. As a beneficiary, you may have legal recourse if you do not think the Executor is administrating the estate correctly.
Can a person file a decree against you if you are a beneficiary?
Yes, a person can file a decree against you even if you are a beneficiary, especially if they believe you have legal obligations or debts that need to be settled. However, the specific circumstances and laws governing beneficiaries and decrees can vary by jurisdiction. It's important to consult with a legal professional to understand your rights and any potential implications related to your status as a beneficiary.
