Legal Question in Wills and Trusts in Nevada
the living trust states (nevada) that I received 25% (no lump sum distribution. And will be distributed thru a monthly stipend not to exceed 500 dollars and by a third party financial istitute to named by the trustee.
I read is as the 25% inheritance is moved to a financial institute and they distribute montly stipend and I earned the interest. so the trustee with distribute my inheritance to me for the next 20 years....? I dont know but something is not right. She used a DIY trust kit and it is so vague.. I probably need to hire an attorney
Asked on 5/04/15, 3:09 pm
1 Answer from Attorneys
Paul Malikowski
Malikowski Law Offices, Ltd.
It may be that a poorly drafted Trust requires a Petition filed with the appropriate Court for instructions. Your attorney can explain further.
Answered on 5/04/15, 3:13 pm