New York  |  Wills and Trusts

Legal Question

Asked on: 3/19/11, 12:24 pm

My husband recently passed away, we both did have a will and trust, we own 2 home jointly, and he owned a business solo. Any money or property that is not jointly goes into a trust and im the sole person in the trust, with a joint signature on the trust. My question is is there a spousal deduction so the money does not go into the trust, or is there a limit on how much I can take out of the trust. I do have a attorney, that is talking way too fast, and each time he leaves it seems like I keep loosing money.

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