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  1. What is a Living Trust? A living trust, also called an inter vivos trust, is a legal arrangement where you (the grantor) transfer assets into a trust to manage both during your lifetime and after your death.

    • Living Trusts—Do You Need A Lawyer?
    • What A Living Trust Can Do
    • Making Your Own Living Trust
    • When to See A Lawyer

    Many people find that they can successfully set up their own living trust without the help of a lawyer. Making a living trust takes more work than writing a will because a living trust requires that you take the additional step of transferring property into the trust. But like wills, living trusts are often simple documents that do not require a la...

    The main reason to set up a living trust is to avoid probate. Probate is the process that courts use to distribute a deceased person's property. Most people don't need or want their estate to go through probate because it's expensive and time consuming. Property that passes through a living trust does not have to go through probate. Instead, the pe...

    Making your own living trust does not have to be complicated, though it may take a little work. Find quality self-help materials that will guide you through the process. There are books, software, and online programs that can help. Make sure the tool you use explains the process clearly in plain-English. It should guide you every step of the way. I...

    While many people can make a living trust without the help of an attorney, there are some situations require individualized legal advice. For example, don't try to make your own living trust if: 1. You don't have anyone to name as trustee. The person you name as trustee will have control over your property without any oversight from the court syste...

  2. Apr 20, 2020 · Online forms don’t give front- or back-end legal advice on how to structure assets or beneficiary designations, how to minimize taxes, what the new SECURE Act is and what it means for your retirement accounts, how to avoid probate, how to protect your disabled spouse or child, and so on.

    • Amanda Singleton
  3. Jun 11, 2024 · Discover how a living trust in Canada can manage and distribute your assets, ensuring financial security during your lifetime and after.

  4. Set up a living trust online with the help of a LegalShield estate planning lawyer in your province. Laws governing trusts vary. We make it easy & affordable!

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  6. Jan 31, 2024 · Creating a revocable living trust online might seem convenient, but this approach often falls short. Without personalized advice from an attorney specializing in trusts, you could miss out on key legal strategies or make errors with significant consequences.

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