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2008-10-14 Trusts & Estates Law - Tax liability for distributed and undistributed income: Just because the interest hasn't been distributed to you doesn't mean that you don't own it - it's no different (from the IRS's standpoint anyway) than if you earn interest on a certificate of deposit...
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2008-10-13 Trusts & Estates Law - revocable living trust A-B-C.: I'm sorry about your husband's death. You don't say what state you live in, so I'll assume California law applies. From the information you provided, it sounds as if you need to divide the assets that...
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2008-10-12 Trusts & Estates Law - Public Notice: You don't say where your mother lived or what state the trust was established in. California law provides that creditors can file claims against trusts for up to one year after the date of death. That...
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2008-10-09 Trusts & Estates Law - Heirs to Estate: Thank you for letting me know that California law applies. The trust probably contains a "survivorship" provision - a clause that says you have to live for 30 to 180 days (for example) after the deceased...
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2008-10-09 Trusts & Estates Law - Becoming head/executor of estate.: I am very sorry about your mother's death. It sounds like you will need to file a petition to probate your mother's estate. Since she was a Utah resident, you will need to file your petition there...
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