Home » LAW »» Wills & Trusts

combine property ownership irrevocable trust and individual (Wills & Trusts)

Sun, 29 Mar 2009 23:40:00 GMT

Our childrens irrevocable trust was established in Hawaii. We would like to buy property in California or Washington by combining 50/50 money from us and the trust. Is that allowed?

Comments (1) | Promote | Bookmark |

  • Leave a Comment Now.
  • Comments
  • Mon, 30 Mar 2009 00:07:00 GMT(1)
  • there is no general reason why this would not be allowed. there are simply 2 entities owning property together.
    a deed to the property with 50% interest to the trustee of the irrevocable trust, and 50% interest to you two.
  • Leave a Comment Now.

Wills & Trusts Open Questions

Coma Uncle Florida

I have an uncle that was in a car accident and is now in a Coma. He has no will or spouse that can take care of him and his bills. I have contacted a lawyer and was told that it will cost over $6000 to get power of attorney to help him out. Is there any way to have this done with out using a......

Colorado What probate forms required?

What is the name of your state? Colorado My 90 yr-old mother-in-law has less than $50,000 in probate assets. When she dies, will her personal representative need to file any probate forms? If so, which ones?What is the name of your state?...

Colorado Probate Process & Forms

What is the name of your state? Colorado My mother-in-law passed away and she has some assets that will need to go thru probate. It will be a informal probate and we are considering do it ourselves. Could you share with the process you have gone thru and what forms you needed to fill out? I'm......

Colorado Probate Form Question -Form JDF912-

Colorado Help filling out JDF 912 Form My aunt recently passed away in Denver (I live out of State). My aunt's surviving sister and brother (who also live out of state) have priority to be appointed as personal rep. They both have asked if they could nominate me to be the personal rep. (I am......

Colorado probate

I am currently in Texas but My Father lives in Colorado. He is 76 and in very poor health. He refuses to make a will, never going to happen. He has promised the house to me, but in the court of law a verbal promise means nothing. The problem is I have deadbeat alcoholic brother who has since......

Colorado executor compensation

My mother passed away, in her will she appointed her attorney as executor of her estate. The state is Colorado. He is charging the estate his regular fee of over $100.00 per hour. I thought an executor in the state of CO could only charge a small percentage. What is the percentage the attorney......

Colorado Bar Examiners: Wiley Todd Linville met ethical standards, granted a license

By Clayton Woullard, Rocky Mountain News July 23, 2005 More than $1.1 million was missing from Charla Hall's estate - starting seven days after she died. Helen Kailey's inheritance began disappearing less than a month after her brother, Ramon, died. On Friday, Wiley Todd Linville, the man alleged......

Colorado - How to put real estate in three beneficiaries names? Colorado

My grandfather recently passed away, and other than a few specific bequests, his will specifys that his estate be divided into thirds between my mother, her sister, and my cousin. We have been told that we need to do a Personal Representatives Deed to put the real estate in all three names, but I......

College Student-need help (gift/income tax?)

What is the name of your state? NJ I am currently a freshman in college, and have a problem. In the fall of last year (2007), my mom gave me about $10,000 to invest (she wants to teach me). Would this incur a gift tax? I already deposited them into several mutual funds. My mom doesn't work, so......

College elligibility & Trust

What is the name of your state? California My son is in his second year of College and we need to update the FASFA which is the Federal form that determines what kind of financial aid he can receive from the government. I am divorced and his mother has been filling out the form. She is widowed......

Some questions maybe you're interest in...

Colorado Workers Compensation Act Labor Law Poster

[Employment & Labor Law] NOTICE TO EMPLOYEES Your employer is insured under the above-named law by: If you are injured or sustain an occupational disease while at work, you may be entitled to compensation benefits as provided by law. WRITTEN NOTICE MUST BE GIVEN TO YOUR EMPLOYER WITHIN 4 WORKING DAYS OF THE ACCIDENT. If.........

What's the Trustee Thinking?

[BANKRUPTCY & CONSUMER CREDIT] What is the name of your state?What is the name of your state?PA Received brief from trustee giving 3 scenarios of Chapter 13 for husband. At the time of filing, he provided latest 3 paystubs - 1 had overtime in it. So....Scenario #1 -- Trustee took the paystub with overtime and annualized it and.........

Admissibility of e-mail & 'net surfing habits

[Additional Legal Subjects] Jackelope369 wrote: Is a warrant required for this info? I've been told the police can simply ask an ISP for the info and the ISP often will hand it over. Is this true, and if so, is this evidence admissible? Generally, an investigator is going to get telecommunications records under grand jury.........

Fictional names Real organizations

[Intellectual Property] I'm writing a ficitional novel about crooked cops and crooked members of city council. Could I have any problems if I were to use fictional names, but a real city council and a real police department (like N.Y.P.D)? Do I need permission from the proper authorities?......

How can I recover legal expenses?

[COURTS, LAWYERS & LITIGATION] Hi. I recently wrote to a company complaining about an employee and that employee has sued me for alleged malicious intent because he says he was fired because of untrue things I said about him in the letter. I expect to be found not guilty. I live in NJ. He is sueing me as a pro se. This is.........

texas homeowner question

[Additional Legal Subjects] Hi, this may be a stupid question, but my homeowners insurance in austin, tx. (usf&g) covers 500.00 for tree removal. I have a very large tree that fell on my house during the last storm, the estimates to remove are 1500 at the cheapest. My insurance says they will pay 500 and the rest.........

Any legal recourse against my lawyer?

[COURTS, LAWYERS & LITIGATION] What is the name of your state? AZ As you can well read from my previous posts, I had begun trying to domesticate my case from California to Arizona. I hired a lawyer in June, and paid him $1,200 -- a flat fee for that practice. My ex husband ended up going back to California and reopening the.........

Property Lien

[BUSINESS & FINANCIAL & Corporate LAW] I am interested in knowing how to file a property lien (in the state of Georgia) in the event that a customer does not pay for services we have performed. I was told by our local county courthouse that they could not tell me how to file a property lien and that I would need to contact an attorney.........

Impeding Traffic?

[Traffic Law] What is the name of your state? Georgia I pulled out of a service station onto a four lane city street -- three lanes for through traffic and the leftmost lane for left turns. There was no traffic at all on the through lanes (the light to my left was red, keeping back the traffic) but there was a.........

husband passed away please help

[Insurance Law] What is the name of your state (only U.S. law)? florida my fiancee was married and her husband passed away and his employer refused to give her any info on his benefits life insurance policy that was paid for by the company. we have now discovered that there was a policy in effect but the death.........