Question: Can multiple items be placed into one trust or should a Trust be created for each item? Answer: You can create multiple trusts. However, usually one trust holds all of a person’s or couple’s items. The trust owns all of your assets (those that require a
Many parents put a child’s name on their property in an effort to avoid probate. They figure that the property will go directly to the child when they die. Legally it works, but it can often cause problems. I always tell my clients to avoid this, …
After Casey Anthony was found not guilty of murdering her two-year-old daughter Caylee, whose remains were found in woods near her Florida home, Casey’s parents slipped quietly from the courtroom. On the news coverage, it appeared that the commentators were spuriously speculating on the relationship that Casey
I do not have my Revocable Trust set up yet because I have yet to purchase your Accumulation and Preservation of Wealth program. So my question is on the IRS form 2553, Part 1, Section J, can I put (My Name), Living Revocable Trust if I haven’t set my trust up yet but intend […]
