Trusts
Can a trust be named after the beneficiary or must it include 'spendthrift'?
Does the name of the trust have to be that of the grantor of the trust or can the name of the trust be that of the beneficiary of the trust?
Also, if there is a spendthrift provision in the trust, does the name of the trust have to include the word spendthrift?
How do I inform someone about a relative's passing and a trust?
If you need to send a letter to someone informing that person that a relative passed away; and that the relative left a trust in their name with restricted rules and regulations, what kind of letter would you send?
Can a joint tenant transfer their interest to a revocable trust?
Currently, 2 individuals hold title in a piece of property as joint tenants with right of survivorship. One of the individuals wants to put their interest into a revocable trust. Can the trust and the remaining individual hold title as joint tenants with right of survivorship? If not, would the 2 entities have to hold title as tenants in common?
Does a revocable trust need to be recorded in your county?
Does a revocable trust have to be filed with the county in which one resides?
How can a parent ensure care for a special needs child if they are sick?
Party A is the parent of a special needs child. Party A is sick and is concerned about the welfare of Party B (the special needs child). What can Party A do to make sure that Party B is taken care of?