Trusts Estates

Trusts and estates is the name given to the branch of civil law that covers decedents' estates and probate; wills and intestacy; estates and future interests in property; trusts, gifts, and powers; annuities; and charitable bequests. Probate covers admission of a will to probate and the subsequent proceedings, including the appointment and duties of a personal representative, procedures in probate, and ancillary proceedings. Intestacy, on the other hand, refers to the general rules governing the disposition of the property of someone who dies intestate, i.e., without a will, or who leaves a will that fails to dispose of all assets.

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Legal articles focusing on Trusts Estates Law
Irrevocable Life Insurance Trust
The irrevocable life insurance trust (ILIT) provides an accessible means of producing estate-tax-free dollars that is without equal in terms of the potential savings measured against what the grantor has to give up in return.
Special Needs Trusts
A special needs trust- sometimes called a "supplemental needs trust" makes it possible to appoint a trustee to hold property for the benefit of your disabled child after you'e gone. A special needs trust provides for the needs of a disabled person without disqualifying him or her from benefits recei
Trusts for Minors
A trust can help make sure that your family is taken care of after you die. A "minor's trust" not only helps to make sure that your child has some assets in the future, but also gives you certain tax benefits. But, this trust has several requirements that must be met in order for it to work for you.
Modifying or Terminating a Trust
A trust can do a lot for you, like lowering estate taxes or helping to make sure that your family can support itself after you die. Anyone involved with a trust needs to know some things about whether the trust can be changed or cancelled, and by whom, and when the trust ends.
Pet Trusts
If you're worried about what might happen to your much-loved pet after your death, it's possible to create a pet trust to provide for the continuing care and well-being of a particular animal or animals. Pet trusts are now legal in some form in Arizona, California, Colorado, Hawaii, Missouri, Montan

Ask a Lawyer - Trusts Estates Law questions answered by leading lawyers
Remedies of Beneficiaries of Will When Executor Refuses to Carry Out Terms of Will.

Mother dies and leaves house to 5 children. One is executor and has probated the will but 4 out of 5 do not want to sell house. The will states all assets should be liquidated and divided evenly. It has been 1 year since death. What can he do, he is not executor? House is being rented out to one sibling and an other family since it is a 2 family house. House is paid in full and rental is positive cash flow of 2,000/month. No information is being shared. No access to expenditures. What can be done? He would like to be bought out and doesn't want to be involved in long term situation. Can an estate get a loan?

Who Gets Estate Property When a Beneficiary Dies Before Receiving His Dhare?

Three beneficiaries were left to split a property equally. One beneficiary, who has no spouse or children died intestate, without receiving his share of the property. Are the other 2 beneficiaries obligated to give his share to his siblings and surviving parent? How strong of a case does this surviving family have?

Where Should Court Papers Authorizing the Administration of an Estate Be Filed?

When a person dies in NY State with no will to discern their assets and multiple (adult) children, which jurisdiction must legal documents be filed?

Hiring an Attorney to Protect a Beneficiary's Interest in a Decedent's Estate.

My mother passed away just under a year ago and her estate is not settled yet. As a matter of fact, back taxes are owed and her funeral isn't even paid for yet. The estate is in Michigan but I live in New York. I don't believe the Executor, who happens to be my sister and one of the 5 heirs, is operating in my best interests and I would like to have her removed. At the very least, I'd like to get an attorney to represent my interests since I am in another state and assets are being disposed of without my consent. What is the best course of action to accomplish this? Thanks!

Can a Felon Receive Letters of Administration of an Estate?

A father in New York dies without a will; he has no wife. The father leaves behind two children. One of the children has been charged with felony DWI 13 years ago and posses a certificate of relief from disability. Does the DWI charge disqualify him from letters of administration?


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