Q: RE Revocable Trusts, can we sell the home owned by it and how to change successors. The settlor has passed away
Regarding question #1, we live in the house the revocable trust owns. MIL owned it prior to her death, but we made all the payments. The Trust Declaration is unclear about whether we can sell it or not, as we are considering building a new one and selling this one. Possibly even putting the new house in to the Trust.
Q #2: The Trust names a settlor, my MIL, and lists succession for Trustees and under what circumstances they can be replaced. The settlor has passed away and the Trust doesn't provide any qualifications for replacing a Trustee, just that if they become unable to serve or cease to serve. The current Trustee, Jim (MIL boyfriend of 20 yrs) has been taken by his sister to see if he has dementia. We just found out last week he's been talking to hallucinations, so now the sister is trying to get him to see some doctors. What do we do from here and what, if any, docume
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