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I only thought that a property question was a different question from the decanting one . I was not trying to insult anyone whatsoever . So I apologize to whoever was offended .I thought I expressed to all parties who contributed to my post how grateful I was that everyone took the time to try...
I would never attempt to navigate the complexities involved in creating my trust without an attorney. however I want to be as well informed as possible while doing so and have good reason for obtaining information from multiple sources. I have asked multiple attorneys the same questions I'm...
What is the name of your state?arizona .In a a/b/c trust upon the death of the first trustor after the estate has been divided between the survivors,credit,marital qtip trusts are the assets in the credit and marital trusts considered seperate property of the deceased spouse?
Ok it is my understanding that the act of decanting is pouring the assets of 1 trust into another my only concern is that the new trust can be manipulated in ways less favorable than the trustor intended. I do know what the ars rules say about what things need to preserved in the restatements as...
Ok thank you I was just wondering if that statement would prevent the decanting and I have read the ars title 14 -10819 but it only states (unless the trust expressly provides otherwise ) which seems kinda vague and leaves it kinda open to interpretation.
There are several trusts the one which my father stole assets from was created as a seperate property trust of only my mothers which had a community property disclaimer signed by my father attached to it .my mom created the trust to insure that her seperate property went to only her two kids and...
My mother created a seperate property trust for the purpose of passing her sole seperate property to my brother and I. Because my father has two kids from previous marriages. My mother wanted her assets to pass to her kids only not my half siblings or my father .however when my mother passed...
My state is arizona .My father had my mothers irrevocable trust restated after she passed in order to remove the list of assets I was to receive upon her death . I only recently received a copy of the original trust documents from my lawyer .I have also become aware of several accounts that...
ok so if I was your boss "income provider" and I told you that your money will be automatically deposited into your account on the 1st of every month.Being an adult you would base all of your bills around that date correct? say within that week ? but u receive nothing on the 1st or before the...
wow I'm blown away with the level of misunderstanding here . oh and believe me I have a pretty good understanding of the duties of a trustee as I have read the ARS codes and from my understanding is that if a trust gives the trustee power to provide monthly maint and support then the trustee is...
like I said we did give them a 3 day grace period and her bills between 5 to 7 however because she is starting a business that includes live animals which the trustees agreed to also help her achieve we aren't talking about a small trust account we are talking about 7 figures so the trustees are...
thank u I am not a lawyer just a construction worker who stands up and says something when I think someone is getting picked on. but I want to make sure what I think is wrong actually is
ok I must have not asked my question correctly . my wife's trust states that the trustee has the power to pay for my wife's monthly maint and support which the trustees have agreed to do. the problem is my wife and the trustees agreed upon the 1st of every month . so my wife adjusted all of her...
my question must have been cut out when I copied and pasted . I apologize . the monthly support payments have been the #1 issue .so are the late payments to my wife enough to remove them as trustees .also the agreed amount and date every month were an agreement between my wife and the trustees
well zipdididoda sorry if capitalization and punctuation stops u from being able to understand English! I was looking for a little helpful information which is obvious u either dont have or are not willing to share .which kinda defeats the purpose of the forum ?! oh and yes when it comes to my...
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