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Re: OT Estate Planning Questions


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Posted by John T on December 12, 2013 at 17:41:55 from (216.249.76.176):

In Reply to: OT Estate Planning Questions posted by John B. on December 12, 2013 at 16:55:57:

Wow, lots of Probate questions here lately, does my heart good since I practice in the area.

I also DO NOT RECOMMEND TO MY CLIENTS HAVING MULTIPLE TRUSTEES and if they absolutely insist I prefer an odd number. I also often (depends on facts) prefer a Bank & Trust Company as the Trustee instead of a family member.

What can you expect??????? IT DEPENDS ON THE TERMS OF THE TRUST simple as that, WHAT DOES IT SAY, WHAT ARE THE TERMS, WHAT ARE THE RESPONSIBILITES AND DUTIES OF THE TRUSTEES, WHO DECIDES WHAT.

Ive had to settle a Trust that was wayyyyyyyyyy more complicated and wayyyyyyyyyyy more work, time and expense then a non trust situation. It depends on the Trust AND IF IT WAS KEPT PROPERLY FUNDED.

I hope you can see by now NO LAY OR EVEN PROFESSIONALS CAN ANSWER THIS HERE not having read and understand the Trust and the laws of your state

To get a meaningful answer hire a local professional probate/estate/trust attorney and ONLY AFTER he reads the Trust and researches your states laws can you expect to get an answer that's worth anything.

NOT having read the trust and NOT familiar with your states laws I can render no professional opinion that would do you any good.

You may have an easy time you may have a terrible and expensive time and a major feud, IT DEPENDS ON THE TERMS OF THE TRUST

Best wishes and God Bless

John T Country Lawyer


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