What is the name of your state (only U.S. law)?
California
My mother & father-in-law have a living trust. Recently, she was deemed incapacitated, vacating her trustee position, and he decided because of age issues to resign as trustee, so their daughter, my wife, was assigned successor trustee by him. The trust is under his SS number.
He passed away on Saturday. I am contacting their attorney for directions, but I'd like some info.
Being that my wife is trustee, and currently we are leaving the trust intact, will we have conflicts because of his SS# on trust with tax issues and other issues now that he is deceased.
Could anyone possibly inform me on what steps we should be taking at this point.
California
My mother & father-in-law have a living trust. Recently, she was deemed incapacitated, vacating her trustee position, and he decided because of age issues to resign as trustee, so their daughter, my wife, was assigned successor trustee by him. The trust is under his SS number.
He passed away on Saturday. I am contacting their attorney for directions, but I'd like some info.
Being that my wife is trustee, and currently we are leaving the trust intact, will we have conflicts because of his SS# on trust with tax issues and other issues now that he is deceased.
Could anyone possibly inform me on what steps we should be taking at this point.