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Can changes be made to beneficiaries in a revocable trust that was originally prepared by an attorney?
Wiki User
∙ 9y ago
Changes can be made to beneficiaries in a revocable trust that was originally prepared by an attorney. In a revocable trust, you can legally change the terms and end the trust at anytime before death.
Wiki User
∙ 9y ago
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Who has a copy of a revocable living trust?
Several people should have copies: the trustor, the trustee and the attorney who prepared the trust. If the trust holds real estate it may be recorded in the land records.
What is the next step if you plead not guilty at your arraignment what is next?
The case will be prepared for trial by the prosecutor's office, and your attorney will begin to prepare his defense. 'Discovery" will be exchanged and the process will continue towards actual trial. Unless you are truly not guilty of the offense, this might be the ideal time for you or your attorney to consider approaching the prosecutor for a plea bargain.,
How were slaves prepared for auction?
ask your teacher
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The "what if" strategy in reference to driving means being prepared and knowing what to do in dangerous situations. This is giving the driver the means to prevent accidents from happening or helping them be best prepared if something does happen.
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If you do something wrong, be prepared to be named in a lawsuit.
Who has a copy of a revocable living trust?
Several people should have copies: the trustor, the trustee and the attorney who prepared the trust. If the trust holds real estate it may be recorded in the land records.
Can the attorney that prepared the will and revocable trust prove their was documents if the originals were lost and copies are the only documents found?
AVIATION & ELECTRONIC SERVICES LLC in Fulton, NY offers lessons and information about becoming a licensed pilot.
How do you enter a deed into a revocable trust?
You will need a Warranty or Quit claim deed. I strongly recommend that the deed be prepared by an attorney or escrow agent. The deed will list you as a grantor and the Trustee of the revocable as the grantee. You must sign the deed and follow through with any requirements to complete the transaction. If you fail to complete this procedure, you still own the property and the trust does not. This can be a disaster if the revocable trust is created by you as an estate plan. Please follow through.
Does a power of attorney in new jersey have to be prepared by an attorney to be binding?
No, it just has to be signed in front of a notary.
How do you use cross examination in a sentence?
The witness was not prepared for the defense attorney's brutal cross examination.
Does a lien placed on a condo have to be refiled?
Your association attorney is better prepared to answer this question in your particular situation. There is no standard.
What is a formal will?
a formal will is prepared professionally by an attorney, notarized and has a certain amount of witnesses(generally 2 or 3)
What is formal will?
a formal will is prepared professionally by an attorney, notarized and has a certain amount of witnesses(generally 2 or 3)
Which export documents are required to be prepared by the exporter himself?
The Power of Attorney, the Commercial Invoice, and the Pro Forma invoice are all export documents that are required to be prepared by the exporter himself.
Can executors sell a house willed to seven beneficiaries where two beneficiaries do not want it sold?
If two of the beneficiaries want to keep the property then they should try to work out an agreement with the remaining beneficiaries to buy out their shares for a fair price. However, the executor may have the power to sell the real estate. The testator often gives that power right in the will. In that case, the executor may sell the property without any license from the court. If the power to sell was not granted in the will the executor must apply for a license to sell the real estate. The two beneficiaries may object to the sale. However, they should be prepared to offer an alternative since five of the beneficiaries do want to sell. Unless they offer to buy out the other beneficiaries the court is likely to issue the license to sell.
How do you probat a will if you cannot locate the original but you know that the attorney who prepared a will has a photocopy?
You should obtain a copy of the copy in the attorney's possession and ask that attorney to draft an affidavit. They should know the correct procedure that will be accepted by the court. You should submit that copy with the affidavit to the court for allowance.
What should I know before going to a tax audit regarding my revocable trust?
You should have any and all necessary paperwork for your trust. Be prepared for it to take a while and just know being prepared will save time and frustration with it. There are not very many special tax laws taht you should be concearned with. iw ould suggest researching the topic at irs.gov.
