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Chris Yugo

Serving as a trustee for someone else

Q: In regards to revocable living trusts where each spouse is the trustee for the other spouse's trust, what must be done when one spouse dies and when the second spouse dies? Is there anything of a legal nature?

March 30, 2014 12:00 am

When is a distribution taxable?

Q: Why would my accountant tell me that my inheritance would be subject to income tax? I thought it was only subject to inheritance tax.

August 18, 2013 12:00 am

Be prepared for the legal consultation

Q: Are attorneys required to give a free consultation when discussing estate planning?

July 08, 2012 12:00 am

Why not co-owner instead of beneficiary?

Q: I was wondering what is to keep someone who has money in an account that they wish to leave to a non-relative, from changing that person from primary beneficiary to co-owner? Wouldn't this solve the tax problem?

January 02, 2011 12:00 am
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