You would need to consult with your bank, attorney or financial advisor to get started. You willthen have to fill out the paperwork and decide what assets will be included int he trust.
People have mixed opinions on whether or not to get a living trust. You can find out lots of information online about if a living trust is right for you and how to get one set up. One website to give you information is savewealth.com.
It means you set up the trust fund before you die instead of waiting on a will to be enacted. read more here http://www.free-living-trust-information.com/
The term "Asset Protection Trusts" refers to trusts that are to provide funds that are held on a discretionary basis. These trusts are usually set up to avoid taxation and bankruptcy.
Yes, revocable living trusts have become a viable alternative to the traditional wills in many States . These trusts are favored because they allow you to have more control over your estate when you live and after your death.
A living trust can be modified while the person is still a live. Other forrms of trusts do not allow them to be modified.
trusts~apex
You can get information about AB trusts online at a number of websites. I recommend that you go to http://www.nolo.com/legal-encyclopedia/article-29621.html, http://www.finweb.com/retirement/ab-trusts.html, http://www.legalzoom.com/living-trusts-guide/a-b-living-trusts.html and http://estate.findlaw.com/estate-planning/trusts/trusts-ab-trusts.html.
If you are already writing a living will so you don't have to worry about your estate in the future it is a good idea to write a living trust as well. For more information about living trust http://www.legalzoom.com/living-trusts/living-trusts-overview.html and scroll down to where it talks about living trust.
trusts~apex
Trusts
You need to consult with an attorney who specializes in trusts, real estate and probate who can review the situation, review the related legal documents and explain the status of the property.
John R. Cohan has written: 'Drafting California Inter Vivos Trusts' 'Drafting California irrevocable inter vivos trusts' -- subject(s): Living trusts