If you have LLC's (rental properties) under your living trust, when one spouse dies, if you make an adult step child the trustee for the LLC's only (so they can property manage) and the remaining living spouse as the beneficiary of LLC's, how do the rights apply? Spouse is still trustee of living trust. Or should living spouse still be trustee/beneficiary and just have in writing adult step child has first right to property manage said properties?
The trust has to be crystal clear to what exactly his/her's Responsibility's and duties has trustee! In what is appointed to the beneficiary and to what degree! Always remember u have to be exact to what the trustee responsibilities are to a T! I would make a clause that the trustee cannot sell said assets under any circumstances that would harm the beneficiary or damages the beneficiary substances in any way.
Im a combat vet and currently having way too many problems with my "fiduciary " who is not licensed in CA. I had an appointed fiduciary frim the VA and changed it too a family friend/relative and money is just dissapeared. I required to see my account and balance and was denied. I'm in the process of getting a competency review by the Veterans Administration. This program is awful, and the i will be requesting an audit by the Fiduciary Hub tomorrow. Just to warn young and old COMBAT VETERANS BE CAREFUL
I do have a question I am legal Trustee of my mother's money so all her money is I'm in charge of cuz I am legal Trustee of my mother's estate and everything and yes she was alive when sign the legal documents at her bank and Bank of America has a copy of the trustee which is me her youngest daughter and I have two copies with the state stamp on it
If you have LLC's (rental properties) under your living trust, when one spouse dies, if you make an adult step child the trustee for the LLC's only (so they can property manage) and the remaining living spouse as the beneficiary of LLC's, how do the rights apply? Spouse is still trustee of living trust. Or should living spouse still be trustee/beneficiary and just have in writing adult step child has first right to property manage said properties?
The trust has to be crystal clear to what exactly his/her's Responsibility's and duties has trustee! In what is appointed to the beneficiary and to what degree! Always remember u have to be exact to what the trustee responsibilities are to a T! I would make a clause that the trustee cannot sell said assets under any circumstances that would harm the beneficiary or damages the beneficiary substances in any way.
And what happens when you have proof that people were still in your mail to stop you from getting this paperwork
Im a combat vet and currently having way too many problems with my "fiduciary " who is not licensed in CA. I had an appointed fiduciary frim the VA and changed it too a family friend/relative and money is just dissapeared. I required to see my account and balance and was denied. I'm in the process of getting a competency review by the Veterans Administration. This program is awful, and the i will be requesting an audit by the Fiduciary Hub tomorrow. Just to warn young and old COMBAT VETERANS BE CAREFUL
I'm in the same boat as you. its utter hell and tramples on your rights as an American
Thank u thank u
✡️🦅
I do have a question I am legal Trustee of my mother's money so all her money is I'm in charge of cuz I am legal Trustee of my mother's estate and everything and yes she was alive when sign the legal documents at her bank and Bank of America has a copy of the trustee which is me her youngest daughter and I have two copies with the state stamp on it
Can you hook me up with somebody in Michigan?
Same
You have no sound on video