Trusts
Does a Trust Need to be Filed?
I am considering using uslegalforms.com for completing a 'Living Trust'. Do I have to file the completed documents with a state or county agency. How do I know that these documents will be accepted?ThanksCharlie Newman
Do I Need to Set Up a New Trust to Disperse Funds to Trust Beneficiaries?
My mother, recently deceased, had an irrevocable trust. In that trust, she left monies to 3 grandchildren to be held in trust. Do I need to set up new trusts for each of the three of them, and does that make the original trust void after all monies are dispersed?
How Can I Protect My Rental Properties from Probate and Lawsuits?
I want to organize our estate. We own 2 properties in the Los Angeles area, and 3 in Las Vegas, Nevada. My husband works doing residential maintenance and he is not too exposed to lawsuits, but you never know. I believe I do have the capacity to do it myself using some online service or software. But I want to know exactly what it is I should do. I am thinking I need to write up a Living Trust where my husband and I would be the trustees, and our two children (12 & 14) the beneficiaries. What I want to know is exactly what documents I should prepare and record in order to be as organized and protected as possible in our situation. Like I said, I think our situation is pretty simple and straightforward so that I can do it myself without hiring an 'expert' for ten times the cost.All our properties are paid for, except the one we live in, which is about 85% paid for. We don't owe anything else to anybody else. I am very organized but this issue is really bugging me. We already have term life insurance as well. But I do want to know how to protect our assets, not only from probate, but from any potential lawsuit we could be hit by unpredictably of course, in future times.Thank you.
Can we amend a trust that has errors in it and corrections made with white out?
we have a revocable living trust prepared by an attorney, for my father. one of the beneficiaries names has been corrected to the correct spelling with white out and ink pen. it also has a number 7 for the date on the first page of the trust and 6's everywhere else including the notaries dates do these two facts cause the trust to be invalid? also can I use uslegals ammendment forms to add property to this trust if it is in deed valid?
How do we transfer real property to a trust?
Husband & I have had separate trusts created. We are co-trustees of each other's trust.What is the exact proper language to re title our home into the trust?Also, what is the exact language to re title one rental property property into just one of our trusts? Also, do we get permission from the banks that have the mortgages first? Can you give any other pertinent advice re where to take these re titling requests?