Are living trusts of any real use?

[jesuscole]

I have a revocable living trust, but am also in a lot of debt, as are a lot of people these days. Is there any protection available for my family upon my death? Or do they inherit my debt because of the trust? I would like to hear from people with experience in California, who know their way around this dilemma.

“I don't know what your destiny will be, but one thing I know: the only ones among you who will be truly happy are those who will have sought and found how to serve.” --Albert Schweitzer

[odonoo]

Hi, contact this person. She's a professional lawyer, she can give you much more detailed and legal advise. Usually, FREE. Services, of course charged, but believe me VERY reasonable!!!
Zoljargal
ZOLJARGAL & ASSOCIATES, Professional Law Corporation
3550 Wilshire Boulevard, Suite 1726
Los Angeles, CA 90010
Tel: 213-381-3536
Fax: 213-381-9216

[stud becker]

general rules: do not mess with government and lawyers too.
Guys with such experience are newer send emails:cry:

[alraytse]

Living trusts are designed to make it easier to distribute your money after death, so your family doesn't need to pay probate taxes. I would buy a life insurance.

[Mark]

Living trusts are designed to make it easier to distribute your money after death, so your family doesn't need to pay probate taxes. I would buy a life insurance.

Мутан Продукт Вулкан проснулся! И ответил на пост девяти месячной давности!

Ну, урод, как анус Гитлер-Буша был? Сладкий? Надеюсь, что ты стоишь на помойке с протянутой рукой.

[alraytse]

Михаил,
должен вас огорчить.
К сожелению я здоров,
работаю, перефинансировал дом на
много ниже заём и женился.
Дочка заканчивает школу с золотой
медалью! Про паранжу не думал
но советую вам дать вашей маме.
При Обаме жизнь лучше так что
надеюсь вы скоро выздоровете.
Ведь иншуринс будет без платный?
Можете лечится и лечится себе на счастье!
желаю успеха найти вашу вторую половину
даже если он не Одессит!
Обнимаю и целую вас как Брежнев!

[Mark]

Мутан Продукт Вулкан!

Ты всё ещё ароматизируешь? Чапай на ту сторону Барабана и почитай свою дебильность и помои двухлетней давности! Там всё сохранилось... как time capsule... Только глядя с временного расстояния становится ясно какой ты на самом деле дебил.

Ты ещё не понял, что я умею предсказывать будущее? Запомни, что твоё место, и таких моральных уродов как ты, на помойке истории!

[mnbv423]

I am always work trusts and truthful. I think it should be for anybody. But when i work faithfully then i can not forward. Why like this happened for me.

[Mark]

К сожелению я здоров,
Да, согласен! Это очень сожалительно, что ты здоров!

Обнимаю и целую вас как Брежнев!
Это ты так ж... Гитлер-Бушу выцеловывал, УРОД!

[John009]

No, The living trust of any real use. There are the many reason behind it. But it is true that living trusts of any real use is so keen.

[Lieselot]

In addition to the savings in probate expenses, the avoidance of probate administration has other advantages. The administration of a revocable living trust at the settlor's death is normally a private matter between the Trustee and the beneficiaries. Unlike probate, there are few public records to reveal the nature or amount of assets or the identity of any beneficiary.

Property can often be distributed to the beneficiaries shortly after the settlor's death, avoiding much of the delay encountered with probate administration. Also, probate court approval is not necessary to sell an asset in a trust, thus avoiding further delay.

In addition to the avoidance of probate administration in Missouri, "ancillary" probate administration in other states where real estate is owned can be avoided by transferring the out-of-state real estate to a revocable living trust. For those owning real estate in several states, this can be a significant advantage.

[Tracyle]

A living trust is a superb way to avoid probate. However, it depends with individuals whether they really need to have it. One of the things I like about it is because you can easily change the beneficiaries to inherit property if the primary beneficiary dies before you do.

[urmygame]

Get a legal adviser or someone who can trust.