Hanks, an attorney and specialist in estate planning, trust, and probate law, and Zolla, an estate attorney who practices in estate planning and administration, offer a guide for those administering a living trust
. It explains fiduciary duty; working with beneficiaries; what to do in the first few months following a death; dealing with assets not in the trust; life insurance, retirement plans, and other assets outside the trust; getting help with organizing personal property, legal advice, appraisals, taxes, investing, and other tasks; managing ongoing trusts; investing trust assets; dealing with taxes; trust accountings; and terminating the trust.
Cotter, Living Trust
, Ellen Marie Cotter, Margaret Cotter, Petitioners, vs.
Other defendants in the case are his wife, Terry, and the Quinn Living Trust
This is a revocable inter vivos (lifetime) trust that the parent can revise or revoke while legally able to do so.
"Understanding Living Trusts
" also provides instruction on creating your own personal action plan for having a living trust
Meruelo, together with Meruelo Investment Partners LLC and Alex Meruelo Living Trust
beneficially own approx.
Q I'm considering using a "living trust
" instead of a normal will.
And while most will never resort to a cross-country trip in search of millions, many will make the effort to protect their retirement through a living trust
. Credit unions should position themselves to be ready for this opportunity.
Many married couples have turned to a living trust
as a way to safeguard the assets they want to pass on to the next generation.
Attendees had many questions including how to potentially disinherit a spouse through a prenuptial agreement to how to plan for an estate with heirs that lived outside of the United States, and if a living trust
had value beyond avoiding probate court.
However, Beth has created a living trust
and transferred her assets into that trust.