Living Trust of Frank Sinatra

"The Frank Sinatra zinger is that since he was aware of the significant animosity between his children, who were products of his first marriage to Nancy Barbato, and his wife, Sinatra included a clause in his Last Will that automatically disinherits anyone who contests it. That means the heirs will have to make nice if they want to collect ...
 
... In that fund, known as a living trust, Sinatra's children were given rights to much of the singer's music catalogue. Sinatra's attorney: "There are very substantial assets in the trust. ..."

Living Trust and its Known Advantages

"A living trust is an arrangement by which you as the grantor place property in trust and name yourself or some other person as Trustee or Co-Trustee, but reserve the right to revoke the trust so that the property can be returned to you. Generally, the trust agreement provides that upon your death the property will go to the named beneficiaries. ...
 
... And, what about the children? How mature and ready will they be to inherit my estate? Its true that age 18 is the legal minimum age ... "

Different Look at Living Trust

"This is what could happen. You die. Your Living Trust divides into two or three shares. Your wife, who has control of the Living Trust, spends your half of the estate, remarries, and leaves her half to ...
 
If you refinanced your property since doing the Revocable Living Trust, bought new property, or opened new investment accounts, you should verify that the property is back in the Living Trust. As a good idea to remove all uncertainty with regard to the current and up-to-date nature of the information in your Living Trust, you might want to sign a statement each year informing that all personal property is listed in the Living Trust. ...
 
... review your estate plan yearly to make sure that you still trust the people you have chosen to act on your behalf after your death ... "

Page:     1     2     3     4 

  Living Trust Legal Information
  Living Trust Frequently Asked Questions