• Description

Description

Most people are familiar using a Will (or "Last Will and Testament" to be fully formal), but many do certainly not know just what a "Trust" is generally. Think of a Trust transforming Estate Planning in California a special box into anyone place your assets (bank accounts, stocks, your home, rental properties, etc.) Anyone you appoint to clean the box is known as "Trustee". Lotto is NOT the "Executor". An Executor is appointed in a Will, approved by a court, merely has authority after you die. A Trustee generally does n't want court approval, and works with things while having your lifetime and after your death. This is why it at times called a "living" Presume.

A Living Trust is in order to be parceled out for the Beneficiaries after the death in the Trustors.

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