A living trust is an option some people choose instead of a will. When one is written, the person is transferring their assets to someone else. One of the main reasons they are used is because they are not a public document, and your wishes are kept private.
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.
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.
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.
The acronym UA DTD that is referenced on trusts, especially a living trust means: "Under the agreement dated".
she trusts you
John R. Cohan has written: 'Drafting California Inter Vivos Trusts' 'Drafting California irrevocable inter vivos trusts' -- subject(s): Living trusts
The different types of trust accounts available for managing assets and funds include revocable trusts, irrevocable trusts, living trusts, testamentary trusts, and special needs trusts. Each type has specific features and benefits depending on the individual's needs and goals.
When girls start telling you her personal feelings, it usually means that she trusts you enough to tell you how she feels.
bappu means the one who is the best and that everyone trusts bappu means the one who is the best and that everyone trusts
Ronald Farrington Sharp has written: 'Living trusts for everyone' -- subject(s): Estate planning, Living trusts 'Winning the divorce war' -- subject(s): Popular works, Divorce suits