Easily Hide Name Field into the Living Trust

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How to Hide Name Field into the Living Trust

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hey so Im Paul Rabelais and in this video were going to talk about Im not so well known secret to naming or titling your living trust okay so Im Paul rambling Im an estate planning attorney I help our clients get and keep their legal affairs in order and many people around the country they set up revocable living trusts because they want assets titled in the name of their trust when they die because assets in their trust they avoid that court-supervised an attorney involved probate or succession proceeding assets and a living trust dont go through that you name a successor trustee may be a child or adult children of yours who you will designate to be able to disperse the assets out of your trust to your trust beneficiaries when you die without any attorney in court in court involvement now when someone sets up that living trust theres always going to be a name or a title to the trust and then their assets at least the assets that would have to go through probate if they remain i

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Can trusts be anonymous?

Regarding real estate, you can record a deed in the name of the trust, omitting the trustees names. Generally, investment account records are confidential, so hiding the trustees names is not nearly as important as with real estate.

How do you hide trust assets?

How to hide your assets is as simple as the repositioning your assets through an irrevocable trust with a true independent trustee. The key to the transfer is the exchange of equal value in return for the asset, or the receipt of a fair market value for the asset transferred.

Can you hide money in a trust fund?

You can hide assets in a trust because they offer a great level of privacy. People wont know what is inside the trust. They wont know if theres a relationship between you and the asset protection trust trust.

Can beneficiaries be anonymous?

Using only a Will, it is possible to give the gift to the executor of your estate then make a separate arrangement for the executor to transfer the property to your anonymous beneficiary.

What trust Cannot hide assets?

While revocable trusts offer no asset protection, irrevocable trusts are outstanding for this purpose. Once one establishes an irrevocable trust, they forever abandon the ability to undo the trust and reclaim property transferred to the trust.

Can I hide my assets in a trust?

You can hide assets in a trust because they offer a great level of privacy. People wont know what is inside the trust. They wont know if theres a relationship between you and the asset protection trust trust.

How do you keep a trust anonymous?

One way to protect your privacy is to name your Revocable Living Trust something generic instead of your actual name. Most Californians use their own name when naming their Revocable Trust.

How do you put a name on a trust?

Without any laws, most trusts tend to be named after their creator(s) along with the date of creation. An example would be John and Jane Doe Revocable Trust dated 10/11/12.

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Hide Name Field into the Living Trust