Living Trust. Download online state specific estate planning (revocable living trust) documents. Void Probate
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To better understand the issues relating to your legal situation or problem, our legal information and other law related facts may be of interest to you
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To understand why most Lawyers charge too much for a Living Trust and why it is safe and easy to do it yourself, it helps to know that a Living Trust is simpler to prepare than a will. To draft a standard Living Trust -- which is what most attorneys offer -- you start with a lot of Legal boilerplate (off-the-shelf Legal language) and add the following information:
· The name of the person creating the trust (the trustor). If it's your trust, that's you.
· The name of the person who will manage the trust (the Trustee). Again, if it's your trust, this is you. That's right, the same person creates it and controls it.
· The name of the person who will take over as Trustee and the distribute Property in the trust when the trustor dies or becomes incompetent (the successor Trustee). This will usually be your spouse, child or close friend.
· The names of the people who will receive the Property in the trust (your beneficiaries, just as with a will).
· The name of a person to manage any Property left to minor beneficiaries.
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Return to all Living Trust legal information
Legal Articles about Living Trust
Living Trust Frequently Asked Questions
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Problems Solved by Estate Planning
A living trust can solve many of the problems encountered in estate planning. Some ...
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Try to Avoid Probate with Living Trust
First of all, what is probate? We've heard various things about probate and we pretty ...
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The AB Living Trust Saves Taxes
Some people must consider federal estate tax when planning their finances. Estate tax ...
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This Week in South Florida: April 26
Local 10
The president visits the Everglades as South Florida lawmakers wrangle over the money meant for its future; same-sex marriage heads to the U.S. Supreme Court and so do many of those who helped overturn Florida's ban; health care for all; and state ...
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Nick Caserio and the Patriots are Blurring the Coaching and Front Office Divide
Pats Pulpit
The first three picks of the Patriots 1996 draft were wide receiver Terry Glenn, safety Lawyer Milloy, and linebacker Tedy Bruschi. They also ... Parcells and Kraft developed a distrust in one another that started in 1995 when Kraft placed Bobby Grier ...
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