1. Free Legal Help, Legal Forms and Lawyers. TheLaw.com has been providing free legal assistance online since 1995. Our most popular destinations for legal help are below. It only takes a minute to join our legal community!

    Dismiss Notice

Suspicious of step family

Discussion in 'Commercial Transactions & Investments' started by Wdmar5, Mar 28, 2019.

  1. Wdmar5

    Wdmar5 Law Topic Starter New Member

    Messages:
    7
    Likes Received:
    0
    Trophy Points:
    1
    Jurisdiction:
    Nevada
    My mother remarried about 40 years ago after my father passed away, they purchased a business with the insurance money and went on to do very well, me and my sister have been very suspicious that he has been secretly setting up our step siblings for years. My step father loaned one of my step sisters a large amount to buy 4 investment properties, I looked up the tax assessors documents and those properties are listed under a partnership with a lawyer who does estate planning, I know my step father is up to something but was hoping I could get some insight into exactly what.
     
  2. adjusterjack

    adjusterjack Super Moderator

    Messages:
    8,096
    Likes Received:
    2,201
    Trophy Points:
    113

    Insight from who? Strangers on the internet who don't know anything about your step-father, his business affairs, or how much of them your mother approves of?
     
  3. zddoodah

    zddoodah Well-Known Member

    Messages:
    4,053
    Likes Received:
    990
    Trophy Points:
    113

    I assume "he" refers to your stepfather, but I'm not sure what "setting up our step siblings" means.

    How could we possibly know? No one here has any information about this person who is completely unknown to us.
     
  4. Wdmar5

    Wdmar5 Law Topic Starter New Member

    Messages:
    7
    Likes Received:
    0
    Trophy Points:
    1
    My question is why would someone put property in a
     
  5. Wdmar5

    Wdmar5 Law Topic Starter New Member

    Messages:
    7
    Likes Received:
    0
    Trophy Points:
    1
    Basically my question is what are some of the reasons property would be in a trust and some is not?
     
  6. army judge

    army judge Super Moderator

    Messages:
    32,481
    Likes Received:
    4,945
    Trophy Points:
    113


    People use trusts to reduce excessive government theft, also known as TAXES.

    PEOPLE also use trusts to keep nosey people from discovering their financial affairs.

    Children have no inherent right to inherit anything from their parent(s).

    Whatever your mother does with her finances is NONE of your business.
     
  7. Disabled Vet

    Disabled Vet Active Member

    Messages:
    783
    Likes Received:
    212
    Trophy Points:
    43
    What did your mother and step father say? They are the ones that will answer your questions.
     
  8. zddoodah

    zddoodah Well-Known Member

    Messages:
    4,053
    Likes Received:
    990
    Trophy Points:
    113

    Damn, a cliffhanger!

    Probably the most common reasons why folks create trust is to avoid probate after they die.

    You can google "why do people create trusts" for more information.
     

Share This Page