Search for: "Matter of Interest on Trust Accounts"
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28 Feb 2018, 3:04 pm
For example, an Executor may need to: (i) take control over property; (ii) open a bank account; (iii) sell property; (iv) defend a lawsuit; (v) or commence a legal proceeding to protect the interests of a Trust or Estate. [read post]
21 Aug 2013, 7:34 pm
Should it matter when the overreaching first became known to the victim of the act? [read post]
15 Oct 2012, 8:30 am
The Administrator is asking the court to impose a Constructive Trust against eighteen (18) individuals including the Decedent’s private nurses, accountant, attorney and two doctors, a group of in all. [read post]
11 Aug 2016, 7:09 am
It would seem inconsistent to allow beneficiaries the right to pursue objections to an accounting without forfeiting an interest in the estate by triggering an in terrorem condition, but deprive them of the ability to seek a provisional remedy securing their interests in the subject of the proceeding. [read post]
6 Feb 2016, 9:12 pm
The purpose of these sections is to ensure that there is a trustee to protect the interests of the child, whether that is the guardian as trustee or another person does not matter. [read post]
20 Jul 2023, 9:00 am
Make sure that one of the trust bank accounts is a checking account which has your name on the account as trustee–e.g., “John Smith, Trustee of the Jane Smith Trust. [read post]
18 Mar 2015, 1:58 pm
The accounting that is provided to estate or trust beneficiaries includes a list of all assets and income received, all expenditures that have been paid and all expenses or claims that are still outstanding.In many estates, the fiduciary will prepare and provide to the interested parties a copy of an account. [read post]
18 Jun 2024, 4:00 am
Practical Guidance Updates Featuring the latest updates from your Practical Guidance account. [read post]
5 Aug 2016, 2:17 pm
He or she could be deceased, incapacitated, or simply not interested in serving as trustee. [read post]
6 Oct 2017, 6:39 pm
Courts in New York have the power to state and settle accounts, or to compel an accounting, and it is exercised in a great variety of cases involving fiduciary and trust relationships. [read post]
13 Sep 2011, 7:46 am
It strikes me as obvious that Sarratt wouldn’t have sufficient funds in his trust account to reimburse these clients because he never deposited these funds into his trust account. [read post]
7 Apr 2015, 6:19 am
Does tech savvy matter to you? [read post]
7 Apr 2015, 6:19 am
Does tech savvy matter to you? [read post]
2 Jan 2019, 2:55 pm
In 2011, Robert filed a petition for resignation as Trustee of the Deborah Patterson Howard Trust (DPH Trust), approval of accountings, judicial discharge, and appointment of a Successor Trustee. [read post]
4 Jun 2010, 8:17 am
Matters Affecting Probate Administration or Trust Administration Creditors' Claims Litigated matters in a probate estate may relate to creditors' claims. [read post]
2 Jan 2014, 2:45 pm
Estates, Powers and Trusts Law ("EPTL") Section 4-1.6 provides that a joint tenant of a bank account forfeits rights of inheritance as to the joint account if convicted of murder in the first or second degree. [read post]
7 Jul 2014, 2:51 pm
The attorney deposited the money into her personal checking account, instead of her Interest on Lawyer’s Trust Account (“IOLTA”), as required by the Massachusetts Rules of Professional Conduct. [read post]
5 Apr 2018, 7:55 pm
It additionally departs from the most on-pointcase that can be cited for the proposition that other states’ judicial decisions on matters of evidence should be disregarded in favor of home-grown decisional law. [read post]
22 Sep 2013, 6:08 am
The loan provided for an adjustable rate interest in which the interest only was paid until the loan matured on June 1, 2004. [read post]
14 May 2014, 2:09 pm
The Court can resolve controversies regarding these claims in the estate accounting proceeding or in separate proceedings. [read post]
