Easily Hide Radio Button in the Revocable Living Trust

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How to Hide Radio Button in the Revocable 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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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What are the disadvantages of a revocable trust?

The main disadvantage of a revocable living trust is that it does not protect you from creditors or lawsuits. Because you have control of everything in your trust and have access to the assets, you can still be sued for liability.

What are the best names for a trust?

What are acceptable trust names? Most people name their family trust using their family name and incorporate the words holdings, retirement, property, property trust and investments. Short and sweet is usually best but it doesnt mean it shouldnt be distinctive.

Should I use my name for my trust?

In order for a trust to actually hold title to property, whether it is a home, brokerage account, business interest, etc., the trust must be identifiable. The way a trust is identifiable is by its formal name. Contrary to what many people think, you dont have to name your trust your full family name.

How do I pick a name for my trust?

Things to Keep in Mind When Naming a Trust Try a shorter name. Decide if you want to keep it confidential. Ask yourself if confidentiality is actually important. Consider keeping your business separate. Always pay close attention to spelling and legal names.

What is a good name for a trust?

Keep the name short. This can often lead to mistakes and confusion. Its often better to name a trust, Smith Family Trust dated 2/12/21 than John Q. Smith and Jane W. Smith Revocable Trust.

How do you name a trust as a beneficiary?

Name a Trust Provide the following information on the beneficiary designation: The full name of the trust as it shows on the trust document. The date the trust was created. The name of the trustee, followed by the word trustee, or if you cannot provide a trustee, ETF may accept another contact person.

Who owns the property in a revocable trust?

Trustees. The trustees are the legal owners of the assets held in a trust.

What is an example of a trust name?

For example, trust name on trust documents is: John Jakob Doe and Jane Susan Doe, trustees of the John Jakob Doe and Jane Susan Doe Revocable Family Trust dated March 15, 1999. (The TRUS in the legal status designates that the names following this status are trustees of the trust.)

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