what happens when a part owner of a shared grantor trust dies?

Related Answers

Explore the latest questions and answers related to "what happens when a part owner of a shared grantor trust dies?"

Answered: How long for successor trustee to distribute trust after grantor dies?

It can take months to evaluate how much there is to distribute. There may be bills that must be paid for medical expenses and funeral. Real estate needs an appraisal, and perhaps inspections. Real estate or a business may have to be sold, if it's not going to be owned by the only beneficiary, or ...

Answered: What happens if your divorce papers states that ex pays the second

I would think that the divorce decree would have stiprulated that he would need to carry insurance or have sufficient capital set aside to cover this should he die. If there was nothing put in writing as to what would happen upon his death, then you are screwed; unless, of course, your lawyer wants ...

Answered: Boat owner financing

yet I can't help you a lot on this topic but i had a link through which you will not only get a smart advice but you can also get financial help as well as through details of all the related question just visit Loan Sanction.com or http://www.loansanction.com/

Answered: I tried to assist a friend and shared my credit with them but they

I am sorry to say but you can do nothing against them legally, as it was your credit and you shared it with your friends on personal terms. The company is not liable to who uses the credit but by whom is it taken, and i guess that is you.

Answered: What happens to my mortgae when both owners die?

If you need to make sure that the second owner can pay off the mortgage, you might want life insurance for the amount of the mortgage.
Liked this question? Tell your friends about it

More Questions

Trusts for Grandchildren

A trust can be set up for grandchildren or for anyone else or even a pet. If your assets are very large (millions), you will need to consider possible generation-skipping taxes. This is general information not intended as legal advice. No attorney-client relationship has been established ...

My dad pass and has a living trust what do i do now

The first thing to do is read the trust and/or consult with the attorney who wrote it. When your father died his trust became irrevocable. It can no longer be changed and the provisions must be followed exactly as written. It can no longer use his social security number as a tax ID and a new tax ...

How can i find proof that i am on medicaid share ...

contact Society Security...they will help you