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A trust in Iowa is both a document and a legal entity. A trust can be arranged in many ways, but its main purpose is to allow a third party, or trustee, to hold assets on behalf of a beneficiary. It is written and signed by the trustor, and can go into effect while the trustor is still living or when they die, depending on the trust type. A trust contest is a type of lawsuit that is filed to object a trust’s validity. If someone believes the trustor was mentally incapacitated, unduly influenced, or otherwise unable to comprehend the terms of a trust, they have the right to contest the document in Iowa.
October 31, 2024
This article will further discuss and explain the Iowa inheritance tax, and answer the following questions: What is the Iowa Inheritance tax?, When is Iowa inheritance tax coming to an end?, What is the gross estate in Iowa?, How do you calculate the value of the decedent's gross estate in Iowa?, What is not part of the gross estate in Iowa?, What is exempt from the Iowa inheritance tax?, How do I file the inheritance tax return?, How much tax will I pay in Iowa inheritance tax?, and How much will I pay in Iowa Inheritance tax?
October 25, 2024
This article will cover contesting wills in 2021 as well as the tortious interference with inheritance claim associated with these will contests.
We will address the following:
September 5, 2024
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