A living trust is a document that allows individual s or grantor to place their assets to the benefit of someone else at their death or incapacitation.
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Living trust forms download a living trust also known as a inter vivos trust that allows an individual the grantor to gift assets and or property during the course of their life to another individual the beneficiary.
Most of the living will forms are available in both microsoft word and pdf.
Unlike a will a trust does not go through the probate process with the court.
Therefore the person that is selected as the successor trustee will oversee that all the property in the trust will transfer to the beneficiary at the time.
A revocable living trust is created by an individual the grantor for the purpose of holding their assets and property and in order to dictate how said assets and property will be distributed upon the grantor s death.
Not only do these documents allow you to dictate who will receive your estate at your death but it gives your family peace of mind knowing that they are carrying out your final wishes.
The trustee will be in charge of handling the property even though it belongs to the beneficiary.
A living trust can also be created for the benefit of the grantor.
The grantor maintains ownership over their assets and they can make alterations to the document or choose to revoke the trust at any point in their lifetime.
A california living trust is a document that enables an individual to manage their assets both during their lifetime and after death while avoiding the probate process the person establishing the trust the grantor can place their personal property and real estate within the trust so that it may be distributed directly to a beneficiary upon the grantor s death.
By amy newman attorney.
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Living trust forms can help you execute a will or revocable living trust.