Web10 hours ago · Lisa Marie Presley‘s ex-husband Michael Lockwood has taken one step forward amid the on-going legal battle in her estate.The 61-year-old musician was officially appointed legal guardian of twin ... WebOct 23, 2024 · Your trustee will be the person or corporate trustee you appoint to control those assets. If you don’t have a trust, any assets …
Mistreatment and Abuse by Guardians and Other Fiduciaries
WebMar 11, 2015 · In general, there is no express limitation on having a special needs trust beneficiary's guardian serve as trustee of a special needs trust. However, a trustee in … WebJul 9, 2012 · If so, a court is not likely to second guess the grantor's choice. If there is no successor named in the trust, then you could act as trustee, if the court agrees. The ward's preference would likely be one consideration. The judge would likely appoint a guardian ad litem to investigate the circumstances and make a recommendation regarding ... how many phenotypes does each trait have
Why Should I Consider A Bank As A Trustee Of My Trust?
WebThe trustee can be one individual, multiple individuals, an institution (a bank or trust company) or a combination of an institution and one or more individuals. ... This can be even more awkward when the trustee is also acting as the guardian of a minor beneficiary of the trust. For example, assume that you name your sister Mary both as the ... WebMay 31, 2024 · Choosing a trustee to manage your estate when you are gone is an important decision, and one that should not be taken lightly. Depending on the type of … WebSep 29, 2015 · A. In most states, there is no prohibition on a parent/legal guardian serving as trustee of a special needs trust. However, some states require that such a trustee be bonded. In order to qualify for a bond (an insurance policy that refunds money to the trust if the trustee steals the funds), the trustee must have excellent credit. how change refrigerator filter