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    GRIT - beneficiaries - revoking

    My father had a GRIT. If I understand correctly, lineal descendants cannot be beneficiaries, is this correct? My father told me my siblings and myself would inherit the land placed in the GRIT, but perhaps he was misinformed or was lying. Seemingly, he was the grantor and trustee equally with...
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    Questions about Irrevocable Trust

    Please forgive me if I shouldn't have started a new thread, but my focus has changed a bit since my last question. I'm inquiring only about Irrevocable Trusts. I emailed the County Clerk and she sent back the deed stating the owner of the land in question is in my father's name as an...
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    Land in Irrevocable Trust / House Issue

    My husband purchased a mobile home and placed it on my father's property with his permission. We were told the property was in an irrevocable trust with myself, my brother and sister being the 3 beneficiaries. We were not too concerned at the time and my father told me that at any time we...
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