Should Married Couples Set Up One Joint Trust or Two Separate Trusts? скачать в хорошем качестве

Should Married Couples Set Up One Joint Trust or Two Separate Trusts?

Build your estate plan online! MyAdvocate is the online solution for creating and maintaining your Will and all other legally-valid estate planning documents. Click the link below to get started! https://www.myadvocate.com/join/paul -- Married people often want to arrange their estate so that their surviving loved ones avoid the court and attorney involved probate proceedings. So these married couples often look into establishing a probate-avoidance revocable living trust since assets titled in the trust are not required to go through the court-supervised probate. Married couples often inquire whether it would be better for the married couple to establish one joint revocable living trust, or whether it would be better for each spouse to establish their own living trust. While joint trusts are more common, particularly in community property states, separate trusts for each spouse have their place. For example, some couples who get married later in life having had children from a previous relationship, often establish a prenuptial agreement with the goal of keeping all assets separate. The spouses often have different heirs, different distribution schedules, and different successor trustees. Having separate trusts may make more sense in these circumstances. For prospective law firm clients who want to schedule a free 30 minute initial phone call with Paul Rabalais, go to: https://go.oncehub.com/Paul8 This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship. Paul Rabalais Estate Planning Attorney