What is the name of your state (only U.S. law)?
California
My wife's parents have a living trust, and both are extremely poor in health and their time here is limited. Though she has a brother, her parents have excluded him from the trust, so if she is still alive after the last trustee dies, she is the sole heir of the trust, 100% willed to her.
To execute a trust, or put it in her name, or whatever it is you do when this happens, and being she is the only heir, do we need to hire an attorney when the time comes, or can we deal with all his financial institutions directly with death certs and whatever else is required to aquire investments, transfer stock, etc?
California
My wife's parents have a living trust, and both are extremely poor in health and their time here is limited. Though she has a brother, her parents have excluded him from the trust, so if she is still alive after the last trustee dies, she is the sole heir of the trust, 100% willed to her.
To execute a trust, or put it in her name, or whatever it is you do when this happens, and being she is the only heir, do we need to hire an attorney when the time comes, or can we deal with all his financial institutions directly with death certs and whatever else is required to aquire investments, transfer stock, etc?