How Can Successor Trustees Get PAID?

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  • Опубліковано 21 гру 2024

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  • @mikekorn6968
    @mikekorn6968 Рік тому +4

    I'm subscribed. I work in Auburn. I'm successor trustee for my mom/dad Living Revocable Trust dated 2018. Trust was created in Tx by Greening Law firm. Parents live in Oregon. They are 87 & 92 respectively. My 3 other brothers & I are equal beneficiaries. How possible will it be for me to settle this trust? Thank you for all your video information

    • @CunninghamLegal
      @CunninghamLegal  Рік тому

      We can represent you as Trustee. In addition, on an as-needed basis, we can associate legal counsel in Texas and/or Oregon on an as-needed basis. We have relationships with Oregon and Texas lawyers that can make it a smooth process. Contact us here when it comes time to settle the trust: www.cunninghamlegal.com/california-law-offices/contact/

  • @victoriapurvis3402
    @victoriapurvis3402 3 місяці тому

    Ty for the videos

  • @michellebooth-z8z
    @michellebooth-z8z 3 місяці тому

    i had a executor steal a lot of money. How do i find out who carries a bond for covering all losses.

    • @CunninghamLegal
      @CunninghamLegal  3 місяці тому +1

      That is very disappointing to have an executor steal money. That is the purpose of a bond. The bond is typically filed with the court. This should be available to the public - including you. You might be able to access this online or may have to go to the courthouse. It depends on which court and what their process is.

  • @Annabellexo-l6n
    @Annabellexo-l6n Рік тому

    Before watching this, I thought central banking was the biggest scam in the world. But now I'm thinking it's the probate courts settling debts with creditors. 3/4 of the debts purchased by creditors were acquired unlawfully. It is up to people to assert their rights to be provided with proof of the original debt. They rarely can, and the court will not require it if people do not personally ask for it.

  • @jackiemansfield8325
    @jackiemansfield8325 5 місяців тому +1

    My house and money in the account will go 100% to an Animal charity. Could I just named the Animal charity as a beneficiary without any executor?

    • @CunninghamLegal
      @CunninghamLegal  5 місяців тому

      "Could you?" is a different question than "Should you?". For accounts, theoretically yes. For real estate, this is state specific. Assuming you were in California, you could use a revocable transfer on death deed. However, this has significant downsides that we discuss in other videos (property tax reassessment, subject to creditor claims, disputes, and complexity with joint ownership, to name a few). Again, it’s a question of “should.” This is the value that a savvy estate planning lawyer can bring to your matter.