Trust Seminar Should be Avoided

Dear Mr. Premack: I saw an ad for a trust seminar given by a financial planner. It says that a trust is a great way to avoid estate taxes and to avoid probate. I get a free lunch out of the deal, and am considering attending. As a lawyer, can you give me a perspective…

How can spouse use trust to sell house?

Two weeks ago I received a letter from “M.E.” whose husband had become incapacitated. She wanted to sell the house and found out the law required both spouses to sign for the sale of the homestead. Fortunately, M.E. had been named as agent in her husband’s durable power of attorney and could sign for him…

How to Handle a Trust when the Grantor Dies

Dear Mr. Premack: My uncle set up a living trust several years ago. His bank helped make sure that all of his accounts were registered as being owned by the trustee of the trust. He died a few weeks ago, and I am now the trustee. He owned a piece of land and his home,…