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California Transfer Upon Death Deed
i look at long-term properties much differently than just these ones that i may flip. the main reason i place each of them in separate trusts may or may not make much difference to me, when i am alive. but lawsuits against one property can only affect that property, and not creep into other...- TrustUser
- Post #7
- Forum: Wills, Trusts and Estate Planning
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California Transfer Upon Death Deed
paying all cash- TrustUser
- Post #5
- Forum: Wills, Trusts and Estate Planning
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California Transfer Upon Death Deed
thank you. it would only go into effect, if i die. so i will have it titled, "trustuser, a single man". and then in the beneficiary section it will be trustee of the abc trust. it will only be one trustee. i do make separate trusts for any property that i intend to hold onto, long-term...- TrustUser
- Post #3
- Forum: Wills, Trusts and Estate Planning
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California Transfer Upon Death Deed
i am considering flipping some properties. i do not want to go thru the hassle of creating a new trust for every property. can my beneficiary be a trustee ? i would like to have one trust created, and then just use that as my beneficiary for all properties that i flip- TrustUser
- Thread
- Replies: 20
- Forum: Wills, Trusts and Estate Planning
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Not on wifes will
you will argue about something, even when wrong, until the cows come home there is nothing about legal marriage that involves love, or any of the things that is touted in our society it is simply a property contract - my last post on the subject- TrustUser
- Post #15
- Forum: Wills, Trusts and Estate Planning
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Not on wifes will
not ridiculous, at all. just the truth. it is all just about property rights, and who gets what, etc. etc.- TrustUser
- Post #12
- Forum: Wills, Trusts and Estate Planning
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Not on wifes will
boy, this site is a common reminder as to why a person should bypass on the concept of a legal marriage !! it is just a bunch of rules about how one person can confiscate assets from another person- TrustUser
- Post #10
- Forum: Wills, Trusts and Estate Planning
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keeping trust document
okay, thanks. i get to keep it much longer than i had intended !!- TrustUser
- Post #3
- Forum: Wills, Trusts and Estate Planning
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keeping trust document
hi , i am the trustee of my parent's trust. i think i will be able to sell the house late this year. distribute most all of it, and hold back some funds in a bank account for a year after that. for those of you who have finished the job of being the trustee, how long are you planning on...- TrustUser
- Thread
- Replies: 2
- Forum: Wills, Trusts and Estate Planning
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Contesting a will
okay, i think we each see the other's point of view - nice to discuss with you- TrustUser
- Post #47
- Forum: Wills, Trusts and Estate Planning
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Contesting a will
i dont disagree with the statement about taking care of the spouse, first. however, that could include spending all the survivor trust, first - before dipping into the family trust. i agree that there are many ways to do it. and while there may be a number of clients who would not agree with...- TrustUser
- Post #45
- Forum: Wills, Trusts and Estate Planning
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Contesting a will
it does not matter whether the 2 spouses talk or not she is gonna be the sole decision maker about where all the assets go - whether she gives it to her children, a charity, or a pet dog if you asked the average person what a trust is for - the overwhelming response would be to avoid probate...- TrustUser
- Post #39
- Forum: Wills, Trusts and Estate Planning
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Contesting a will
i dont think my feelings would change much, if the people had been married longer i dont think either person should allow the other spouse to determine where all the wealth is going why should one set of children get all the benefit ? people tend to favor their own this "argument" from me is...- TrustUser
- Post #37
- Forum: Wills, Trusts and Estate Planning
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Contesting a will
i will agree with you that it is possible a parent could do that - he would have to have a lot of hatred for the child. i dont believe this is the case, in this situation. but it could be and of course they would stay in the same home. but essentially, once an asset is distributed, it would...- TrustUser
- Post #33
- Forum: Wills, Trusts and Estate Planning
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Contesting a will
if you read my post, i never stated or implied that there was any sort of legal reason that a parent was obligated to tell his children. as far as disagreeing, most of the posts here have been a bit on the obstinate side, against the op i understand that somewhat, as it does sound as if the op...- TrustUser
- Post #24
- Forum: Wills, Trusts and Estate Planning
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Contesting a will
i tend to disagree with most of you guys. not necessarily about this specific case, but in general. i think a parent owes it to his kid to tell him about it, if he is being disinherited. unless there is some sort of estrangement. there did not seem to be a bad relationship, in this specific...- TrustUser
- Post #21
- Forum: Wills, Trusts and Estate Planning
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Handling of 1099-S with Decedent's TID wrt Living Revokable Trust
just so you know, here are my thoughts i was not sure what you were getting at. what i would have expected someone to say is just "in case the op does not already know, i would like to add to what trustuser said, and state that this is on schedule d" i was not sure if you were talking about...- TrustUser
- Post #11
- Forum: Wills, Trusts and Estate Planning
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Handling of 1099-S with Decedent's TID wrt Living Revokable Trust
if you are looking for an argument, you need to go elsewhere- TrustUser
- Post #8
- Forum: Wills, Trusts and Estate Planning
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Handling of 1099-S with Decedent's TID wrt Living Revokable Trust
the schedule number ? mostly i was trying to help him with making sure he got his selling expenses in, while still using the number that was on his 1099- TrustUser
- Post #6
- Forum: Wills, Trusts and Estate Planning
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Handling of 1099-S with Decedent's TID wrt Living Revokable Trust
i got a 1099-s this year. when i filled it out, i placed the sales amount listed on the 1099 in column d. and then all the selling expenses in column g, with a negative sign on it. and then added g and d (a negative number), to get my actual sales price which i then used, when i subtracted...- TrustUser
- Post #4
- Forum: Wills, Trusts and Estate Planning
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