Tag Archives: Probate, Trusts, Wills & Estates

Does a Living Trust Need Letter of Acceptance from Court I am the Trustee of my…

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Does a Living Trust Need Letter of Acceptance from Court
I am the Trustee of my mother’s (Massachusetts) Living Will and she has passed. She has an account with ING Direct that is included as those assets covered by the Trust. ING tells me I need a Letter of Acceptance from Massachusetts Courts. Part of that acceptance is bonding by two Massachusetts real estate owners. I live in New Hampshire and don’t know any MA residents. I was under the impression that Letters of Acceptance were part of probate.

Living Will Is a Living Will the same as a Revocable Living Trust?

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Living Will
Is a Living Will the same as a Revocable Living Trust? If not, what is the difference? I would like to be able to give my children immediate access to sell my home upon my demise without having to go through probate. If my children get immediate access, what are their financial responsibilities? I assume they would have to continue to pay the mortgage. What are the tax responsibilities?

Wills and Probate, Trust Funds, Living Wills My 86 year old parents are finally…

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Wills and Probate, Trust Funds, Living Wills
My 86 year old parents are finally going to make a Will. They have a nice house and 15 acres. There are 3 sons, and 6 daughters.

Question:

What information goes into a Will???

What goes into a Will?
What information goes into a Living Will?
What information goes into a Trust?
What is Probate?
What do they need to know or put in writing about long term care?

I live in the State of Virginia.
The County of: Prince William.
Address: Broad Run, VA 20137-2205

Basically all I am asking is what All Do My Parents need to put into a Will before they die.

Thank you for your help. If you know of someone in the Manassas, Virginia area they could set this all of with, please let me know. I am their daughter, eighth child.

Living Wills What good is a living will?

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Living Wills
What good is a living will? My mother had one and I also had medical power of attorney and both were completely ignored, with no legal recourse. She had several strokes and could no longer communicate. I want a living will that will be honored. Her will was drawn by an attorney and very carefully stated and totaly legal in the State of Florida. I even had to hire an attorney and go to court to get temporary custody of her. She finally died before the final hearing. Thanks in advance for any advice.