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Yes. Generally, they can be the grantors and the trustees. Trusts should always be drafted by an attorney who specializes in trust law in your jurisdiction so that the trust will meet your personal needs and your questions can be answered by someone who is familiar with your trust.

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Q: Can husband and wife be grantors of living trust?
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Related questions

Both spouses died within a short time of each other. Can the wife's executor who was given the house in trust deny access to the house and assets to husband's executor without notice?

You haven't been specific enough in your details. If the husband died first while the wife was living and property ended up in the wife's estate, and from there went into a trust, then the property may be out of reach of the husband's executor. It depends on how the couple held title, if husband's interest passed to the wife while she was living, if the husband had any creditors, and the laws in your jurisdiction.


What is the most attractive finding by a husband in his wife and by a wife in her husband?

Mutual respect, fidelity, honesty and trust.


What is the wording for a quit claim deed from a husband and wife to their living trust specifically the grantee line?

The entry should be, ie, "Mr. John and Mary Smth, as trustees of the John and Mary Smith Living Trust."


What becomes of a marriage without trust Husband does not believe spouse will carry-out wishes or make same decisions regarding living trust without wife but children named?

If wife would carry out same wishes, there should be no conflict. Children are heirs, family, and stakeholders. Wife shouldn't be upset if husband names children to do SAME THING WIFE SAYS SHE WOULD DO.


Can a wife be excluded from a living trust?

yes


Can a husband be in love with a wife?

Yes, they can be if both of them trust each other.


What do wife think if her husband goes inside The Wife's Lament?

living the comfort


What is the average cost to set up a basic trust for a husband and wife?

£30,000


What is husband and wife living together?

Obviously, a married couple.


What does neolocal?

living or located away from both the husband's and the wife's relatives:


Who should be the trustee of a living trust husband or wife?

Whoever is trustworthy, honest, realistic, very good at managing money and has good organizational skills would make a good trustee. However, that decision should be discussed with the attorney who drafts the trust for you.


If you don't have trust between a husband and wife what do you have?

You have a marriage that is lacking in the security that unity is supposed to bring.