Trusts
How can we obtain a copy of a revocable trust and will in Iowa?
My father was forced to sign a Revocable Trust, when he was not of sound mind, just before his death. How can we get a copy of this document, will, and all items that are/going to be amended? Situation, surviving spouse is changing our Father's wishes (so stated and
witnessed) to something completely different. We suspect foul play. Executor is family member who is keeping everything from other family members. We wish to verify the original will before it is probated as a factual document in which it is not. My Father died in Iowa and executor
is in Kentucky , but this happened in Iowa . Known fact and witnessed father's inability to comprehend, acknowledge conversation, and was incoherent at this time.
Are royalties classified as non-probate assets?
Are royalties considered a non-probate asset?
What are the requirements for a revocable trust in North Carolina?
Wills in NC must have two signatures and be notarized to be enacted. Is the procedure the same for a revocable trust or is there a recording of the trust?
Does my father's trust give his widow ownership rights to the house?
My father set up a family trust in which he indicated that his present wife would have the right to continue living in the house owned by the trust until her death or voluntarily leaving the house, whichever occured first. Nowhere in the trust agreement does it state the term Life Estate, yet that is what his widow is choosing to construe it as. The members of the family trust are concerned that if she believes it is hers to do with whatever she wants, she will attempt to sell it, or set up insurance that will name only her (not the family trust) as the beneficiary should something happen to the house. Is she right in her assumption that my father's proviso allowing her to live there creates an ownership interest in the house? What are the limitations? What rights do the members of the family trust have with regard to maintaining their ownership interest in the house? The property is located in Arizona.
How is trust principal distributed after the death of a beneficiary?
This is a question for a trust in the state of PA. My wife is a benificary of a irrovocable trust setup by her aunt's husband at the time of his death 1992. (Her aunt is a blood relative.) The aunt was entitled to the trust income every year until her death. Upon the aunt's death,which was 3/9/2009 principle was to be distributed to my wife and her brother. The trust language did not specify any successor beneficiaries. Since my wife's brother died 9/2005, and he was not a blood relative of the uncle who set up the trust, how would the principle remaining in the trust be distributed?
Note: my wife's aunt is a blood relative(her father's sister). The aunt's spouse is the originator of the trust but is not a blood relative of the deceased nephew.