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David Disraeli answers Common and Complex estate planning questions posted from allexperts.com  

Subject Date Asked
Executors 6/19/2013
  Q: Is it a good idea to use a trust company from a bank as an executor for a person’s will? I thank …
A: You attorney doesn’t want the hassell. I don’t blame him. A trust is personally liable for they …


locating a family member 5/23/2013
  Q: Briefly, my 67 year old sister was placed in a nursing home for Alzheimer’s patients,in Utah. There …
A: Sorry to hear about about this grief. It seems like the best thing to do is to tell the police that …


Mothers Will 4/25/2013
  Q: I live in the state of Delaware and my mother has just recently had her will redone due to the fact …
A: Good question. It depends on whether you are co-executors or either or. Co means it requires both. …


How to set up a LLC trust for 3 nephews 4/6/2013
  Q: “Hi, I am a UK resident and would like to invest in some property in the USA. ! am not looking to …
A: There is no such thing (here) as an llc trust. A trust has three components, a donor (creator) …


inherited IRA 3/30/2013
  Q: My mother is 82 and has an IRA for which I am the beneficiary. It is expected that I will “share” …
A: You cannot share an IRA. You must change the beneficiary while she is alive. Or at least I am not …


tax treatment of distribution of trust assets 3/27/2013
  Q: I am trustee, a lifetime beneficiary, and have a special power of appointment of a complex trust …
A: Joan, You are going to need a cpa to file the annual trust returns so that is who I would ask. …


Estate question 3/25/2013
  Q: My sister is in her 70’s. During the past several years, she has given me about $10,0000. ($200 …
A: It is very complicated and uses a formula. But no they have to come after her not you. What would …


Mother died intestate in Oregon 3/11/2013
  Q: Mom died with no Will and leaves a surviving spouse (stepfather) plus her 5 children. The OR 112.025 …
A: Let me clarify and perhaps you can update your feedback. First I am not an attorney and don’t know …


Recerse Mortgage in Revocable Trust 2/25/2013
  Q: I have been my mother’s sole caregiver the past few years and we have resided in her residence. My …
A: Sorry to hear about your mom. In order to answer your question you should really ask a local …


Wills, living wills, 2/18/2013
  Q: Can these do it yourself online wills be trusted ? Or could you make a suggestion as to the most …
A: Maybe or maybe not. You like my answer? They may work fir sure. You w ont be around if it …


Sell my house to my own trust 1/16/2013
  Q: I have just received a trust. There is enough to pay off my mortgage, which the interest rate is …
A: Sorry for the delay. First tell me what is “three year lock out”? I’m not sure what you mean. You …


real estate trust 12/24/2012
  Q: about 5 years ago I was relocating for my job from Pa to Az. I had a company /person agree to manage …
A: Unfortunately you will have to get a judge to order that the property was fraudulenty transferred. …


removing a trustee 12/11/2012
  Q: My Mom died last week. She lived in Florida. She found out she had cancer 6 weeks ago and asked me …
A: Jim sorry for the delay. It is common to name a successor trustee. If you read the trust carefully …


Trust Allocation After One TTEE Passes 12/7/2012
  Q: My wife and I have a living trust, revocable We are both the only trustees, but there are successor …
A: I haven’t seen your trust so I can’t say for sure. Generally as in 99% of the time if one spouse …


Living Trust 12/6/2012
  Q: The law firm that did my living trust isn’t too helpful, so I’d like to ask: What do I do with the …
A: I have not seen a grant deed but the idea is the convey that property into the trust. In Texas and …


inheritance 12/5/2012
  Q: Everything my mother owns is titled jointly with myself. I am presuming there will be no probate …
A: There should be no probate but that has nothing to do with inheritance or estate taxes. Those taxes …


Cars and Trust 11/19/2012
  Q: Is there any reason to title my cars in the name of my trust? Can’t my executor and successor …
A: Michael sorry for the late response. Yes you executor can transfer the titles once they go through …


illinois irrevocable trust dissalution 11/8/2012
  Q: if all beneficiaries (& trustee)sign simple statements to dissolve their private irrevocable trust, …
A: Irrevocable means just that – it can’t be revoked unless certain events occur – like the trust being …

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