Can you buy a home in the name of your Revocable Living Trust? A Revocable Living Trust is a powerful tool in estate planning, allowing you to manage and protect your assets while simplifying the ...
Moreover, as your father irrevocably settled the property into the trust ... courts have clarified this in various cases. A trust is an obligation under the law, not a distinct legal entity.
Divorce is rarely straightforward, and the presence of substantial trust assets often adds layers of legal and financial ...
Why would this be in question? The Resulting Trust. Lower courts have found (consistent with earlier case law), that when real property is gifted from one person to another, there is a presumption ...
The reciprocal trust doctrine, while highly debated in tax and estate planning, is still valid law which estate planners must ...
Scott Mollen discusses “Versace v. Robinson, “957 Park Avenue LLC v. Ordonez,” and “Zara Realty Holding Corp. v. People.” ...
The housing has regulations regarding ownership and transfer of the property to new residents that keeps it affordable. Connecticut’s laws regarding land trusts include one that reduces property ...
Recently (it was probably a bad weather day), I found myself leafing through parts of the Colorado Revised Statutes dealing with fiduciaries. I came upon a statute called the Uniform Prudent ...
Many homeowners across Minnesota are facing an increase in their property taxes next year. But owners of land trust houses in ...