You can learn more about living trust at legalzoom.com. They will provide you with a generous amount of details that would be easy for you to understand. I hope this helps.
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.
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.
One of the best, most trustworthy international websites you can check out to learn about offshore trusts is Barclays offshore wealth management web page.
A living trust can be modified while the person is still a live. Other forrms of trusts do not allow them to be modified.
Yes. A person can have any number of trusts for various purposes and for various beneficiaries.
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.
One can learn how to create trusts and estates for children by visiting a financial adviser. If this is not an option, there are several websites that will walk one through the process.
The local Citizens Advice Bureau can provide information to people considering drafting up wills and trusts. Several law firms will have specialists wills and probate teams that can advise individuals of the process.
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/
John R. Cohan has written: 'Drafting California Inter Vivos Trusts' 'Drafting California irrevocable inter vivos trusts' -- subject(s): Living trusts
You can find more information about revocable trusts online through sites like www.legalzoom.com. You should, though, consult a trusts and estates attorney for the most up to date rules and regulations regarding trusts.
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