Estates

They can collect before it is settled

No. A trustee has no such authority. That determination must be made by a court of law.

No. A trustee has no such authority. That determination must be made by a court of law.

No. A trustee has no such authority. That determination must be made by a court of law.

No. A trustee has no such authority. That determination must be made by a court of law.

In the UK there is no onus on a life insurance company to notify a funeral director of the existence of a life insurance policy, that is a matter for those handling the deceased's estate.

The self appointed trustee purchased a property as investment for his young son as beneficiary with the intention to manage it as long as necessary or until his death be passed on to his son without further ado. Is this position legally practicable in law?

in estates

If your brother died and there are no parents or spouse, the next of kin typically includes his children, if he had any. If he did not have children, it would generally extend to siblings, which would include you. If there are no siblings, the next in line would be more distant relatives such as grandparents, aunts, uncles, or cousins, depending on the laws of the jurisdiction. It's advisable to consult local laws or an estate attorney for specific guidance.

Yes. A court appointed executor is entitled to be paid for their service and the rate is set by state law.

If there is a will, there may be a clause that restricts it for a family member serving as the executor. Depending on the jurisdiction, that may be valid.

You must review the document that created the trust. Every trust is managed under the provisions set forth in the trust document and that includes the powers of the trustee. You should ask for a copy of the trust and read the provisions.

You must review the document that created the trust. Every trust is managed under the provisions set forth in the trust document and that includes the powers of the trustee. You should ask for a copy of the trust and read the provisions.

You must review the document that created the trust. Every trust is managed under the provisions set forth in the trust document and that includes the powers of the trustee. You should ask for a copy of the trust and read the provisions.

You must review the document that created the trust. Every trust is managed under the provisions set forth in the trust document and that includes the powers of the trustee. You should ask for a copy of the trust and read the provisions.

Yes, as long as the trust was properly drafted the trust property can be sold by the trustee of the trust.

Yes, as long as the trust was properly drafted the trust property can be sold by the trustee of the trust.

Yes, as long as the trust was properly drafted the trust property can be sold by the trustee of the trust.

Yes, as long as the trust was properly drafted the trust property can be sold by the trustee of the trust.

You need to review the provisions of the particular trust to determine how or if new trustees can be appointed. Every trust is managed according to the provisions set forth in the document that created it.

You need to review the provisions of the particular trust to determine how or if new trustees can be appointed. Every trust is managed according to the provisions set forth in the document that created it.

You need to review the provisions of the particular trust to determine how or if new trustees can be appointed. Every trust is managed according to the provisions set forth in the document that created it.

You need to review the provisions of the particular trust to determine how or if new trustees can be appointed. Every trust is managed according to the provisions set forth in the document that created it.

Normally, yes, when there is no will.

Trust law is an extremely complicated area of law. A valid trust should be drafted by an attorney who specializes in trust law since an improperly drawn trust can be extremely costly to correct and may result in loss of trust assets, unexpected taxes and vulnerability to creditors.

Trust law is an extremely complicated area of law. A valid trust should be drafted by an attorney who specializes in trust law since an improperly drawn trust can be extremely costly to correct and may result in loss of trust assets, unexpected taxes and vulnerability to creditors.

Trust law is an extremely complicated area of law. A valid trust should be drafted by an attorney who specializes in trust law since an improperly drawn trust can be extremely costly to correct and may result in loss of trust assets, unexpected taxes and vulnerability to creditors.

Trust law is an extremely complicated area of law. A valid trust should be drafted by an attorney who specializes in trust law since an improperly drawn trust can be extremely costly to correct and may result in loss of trust assets, unexpected taxes and vulnerability to creditors.

to find out who the murder was.

I hope this is riht and I helped u. I am 96 percent sure

A trustee can benefit from a will if the will explicitly provides for such benefits, such as compensation for their services in managing the estate. However, the trustee must act in the best interests of the beneficiaries and adhere to their fiduciary duties, ensuring that any benefits do not conflict with their responsibilities. Generally, any compensation should be reasonable and disclosed to the beneficiaries to avoid potential conflicts of interest.

Yes, unless there is a stipulation in the will stating otherwise.

The executor's fee is typically set by law. If the fee is set at 1% (or higher), they certainly can.

In my experience, this would be considered, in layman's terms, a trust in which the grantor, when alive, created a discretionary trust, then the gantor died. Now, the trust is in the hands of the trustee appointed by the grantor, which makes it irrevocable. When the grantor was alive, it was revocable. Now, the complex part usually means that in any given tax period, the trust had distrubutions of principle of some sort. I hope this helps.

Your next of kin can be either your husband or father, depending on your personal circumstances and legal definitions. Typically, a spouse is considered the primary next of kin, followed by children and parents. If you are married, your husband would usually take precedence as your next of kin. However, legal documents like wills or medical directives can specify otherwise.

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Not on your nellie!

An FBO trust, or "For Benefit Of" trust, is a type of trust established for the benefit of a specific individual or group. It allows the grantor to designate a trustee to manage and distribute assets according to the terms set forth in the trust document. This arrangement is commonly used in estate planning to ensure that beneficiaries receive financial support while maintaining control over how assets are managed and distributed. FBO trusts can also help with tax planning and asset protection strategies.