Wednesday, January 22, 2014

My mother and father had a trust drawn 20 years ago. my father died 14 years ago, my mother took off the attorney as a trustee, now its only...

Question

My mother and father had a trust drawn 20 years ago. my father died 14 years ago, my mother took off the attorney as a trustee, now its only me and my drug addict brother. is it possible to find an attorney to handle my affairs on a contingent basis? my moms estate is about 5 million.



Answer

I am a trusts attorney and can assist you in the administration. I am usually paid once the estate is ready for distribution.

Please feel free to call me.



Answer

Fees are not set by law in trust matters. You are therefore able to negotiate your fee structure with your lawyer.

I think you want a situation where your fees are paid either directly from the trust, or from your share of distributions once you receive them. If you are the trustee, moreover then the fees you incur in your work as trustee are a trust expense, and the trust will pay them.

It is possible to find someone who will work with your financial situation, though you may have contact a number of attorneys in order to find someone who will do this and whom you trust. Without knowing more about your situation, it is really not possible to make any sort evaluation.



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