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Living Trust and Estate Planning  

Living Trust and
Estate Planning

A living trust is an agreement in which one person (the grantor) transfers property to a second person (the trustee) for the benefit of a third person (the beneficiary).

 
 

A living trust allows the grantor to name either himself or some other person as trustee or co-trustee, reserves his right to revoke the trust at any time and return the property to himself, and lets the grantor control distribution of his estate to his beneficiary upon the grantor's death. A living trust is created while the grantor is alive, rather than upon his death under terms of his will.

A living trust lets you control the distribution of your estate. You simply transfer ownership of your property and your assets into the trust, then serve as its trustee or select a person or an insti-tution to be its trustee. With a living trust, the person you appoint to handle the trust after your death - the successor trustee - simply transfers ownership to the beneficiaries you named in the trust. Much of the time, this can be accomplished in a few weeks. When all of the property has been transferred to the beneficiaries, the living trust ceases to exist.

  
Living Trust online service
   
The mission of Legal Helpmate® is to provide you with an easy-to-use, quick, and economical online legal document service for getting a proper Living Trust from our site.
 
Its easy. In order to obtain a Living trust you will need to perform several steps and our legal document service will thoroughly guide you through this process. Within minutes, you will receive a ready-to-print legal document.
 
Most importantly, you control this process from your own computer, without paying for an attorney.

 
 
Your total cost is up to $24.99

 
 
Living Trust Law
 
  The big reason to have a revocable living trust is to avoid the detour of probate
court in distributing your estate to its beneficiaries.
 
 
Advantages of a
Living Trust
A living trust is an arrangement by which you as the grantor place property in trust and name yourself or some other person as Trustee or Co-Trustee, but reserve the right to revoke the trust so that the property can be returned to you ... Advantages of Living Trust
Probate, which may drag on for months, is the court-supervised process of paying your debts and distributing your property to the people who inherit it. By avoiding probate court, you eliminate its associated legal fees and expenses, make sure that your estate goes to the beneficiares you have chosen, prevent the emotional trauma of a complicated probate court procedure, eliminate time delays in settling your estate, and assure uninterrupted income and access to principal for family beneficiaries.
Last Will versus Living Revocable Trust
The living trust is one of two principal ways to pass property, upon the death of an individual, to the persons whom the individual wants to have it. The other method is by will. The transfer by last will requires the probate process, whereas a Trust ... Last Will versus Living Revocable Trust
 
 

A living trust also protects from federal estate taxes amounts of up to $1,500,000 for a single person and $3,000,000 for a married couple, and it maintains privacy since the trust is confidential whereas a will is public information and often published. Write Living Trust

 
 
  Frequently Asked Questions
 
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* Is it expensive to create a living trust?
* How does a living trust avoid probate?
* Who is included in a living trust?
* What steps are taken after drafting the living
  trust?

* Is a living trust document ever made public,
  like a will?

* Does a living trust protect property from
  creditors?

* If I make a living trust, do I still need a will?
* Can a living trust reduce estate taxes?

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  How it works?
 
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1. Read summaries of Law and other
    important information that explain to
    you the nature of Living Trust and
    related issues.
2. Choose your state.
3. Choose the type of Living Trust
    appropriate for your situation.
4. Complete your order and download
    your legal form.

 
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Read related Living Trust Information
Read Related Living Trust FAQ's
Read Related Living Trust Articles
 
Living Trust Law
 
 
LEGAL DISCLAIMER:  Legal Helpmate Corp. is not a law firm and does not give legal advice. If difficult legal issues are involved, you should consult an attorney.
 
Legal Helpmate Corp. is a online legal document service center that provides you with an appropriate Living Trust form.
 
 

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