Sunday, July 10, 2016

Setting Up A Living Trust

Setting up a living trust is not a do it yourself job for the faint of heart…

You need to understand the legal definition of a trust, and make sure that all of the elements of a trust are present before signing the document.

You next need to make sure that all of the “legalese” is proper.  One sentence, one word in some cases, can make the difference between an effective trust and an ineffective trust.

Titling assets to the trust needs to be done properly.  While much of it can be done by you, unless you are familiar with creating and registering deeds, it is a job best left to a professional.

One misstep can cost $1000’s in further legal fees or lead to public court battles that you want to avoid.



from Protecting You And Your Family http://ift.tt/29N3owr


from DeWitt Law Firm, PLLC

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