Legal Question in Wills and Trusts in Virginia

Living Trust

Our father died in 2006; mother died 3 months ago. Our parents home is in a Living Revocable Trust, which named me as the successor Trustee (which was explained to all of us before our Father died) and resulted in strong resentment towards me from my siblings). Nevertheless, I continued to make every effort to keep the peace, but they refused to communicate or assist me with the estate. I even kept them informed with mailed documentation of my management of the Trust &Will property. Recently, they consulted an attorney and had me removed, changed the locks on the property and... have stated ''I'll never receive a penny of its sale. '' Is this possible since unlike a Will, a Trust is not court supervised or probated? I consulted our parents Trust attorney, who seemed uninterested and just ''said to resign and let them have it. Also,

who is responsible for the filing the final tax return??


Asked on 3/09/09, 1:48 pm

1 Answer from Attorneys

Jonathon Moseley Moseley & Associates Law Firm

Re: Living Trust

Well, I don't understand what you mean by they had you removed? Does this mean something has already been decided? Did they go to court?

Other than that question, the rest of what you say is clear enough.

First, Successor Trustee does not mean that you have any greater rights to inheritance than your siblings, but it does put all the authority about the assets in your hands. You must use that authority in accordance with what the Trust tells you to do.

So I don't know why they would resent that. It should not change how much they receive from the estate.

Second, it is possible that the trust ends upon the death of the last parent to pass. If the trust is supposed to end, then this might be what the other attorney is talking about, but I still do not quite understand what the other attorney is doing.

Third, however, until you "wind up" the trust, no one has authority other than you.

That means that the house is owned by the trust, and you and only you control the trust.

For anyone else to make use of the house or change the locks is illegal, just as if a stranger broke into your house.

It is a little hard to understand what is going on but it sounds to me that no one but you has any authority whatsover with regard to the house or anything else owned by the trusts.

If they are about to sell the house without your permission, then you could file in the deed records what is called a "NOTICE of LIS PENDENS" which places all parties on notice that there is a legal dispute about the ownership and authority to sell the property. Then no one will buy the property without going through you.

But I would really need to understand what this attorney did, because I don't see how he could do anything.

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Answered on 3/09/09, 5:58 pm


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