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How to Share Revocable Living Trust

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hi Im Darcel Lobo and I own down law firm and today were going to talk about how to fund your revocable living trust but lets first start and talk about what is a revocable living trust it is an estate planning document where you are providing for the disposition of your assets within a revocable living trust as opposed to a will but the revocable living trust one of the main perks behind it is that it is not required to go through probate so thats one reason why clients will want to use a revocable living trust is that it avoids probate for your estate however in order for revocable living trust to work the trust has to actually own the asset so when we create a revocable living trust estate plan for our clients we are also funding that trust for you initially based on the assets that you own at the time so what does that look like how do you fund a revocable domain trust what do I even mean when I say that for your real estate if you own any real estate and its in your name whe

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What are the disadvantages of a revocable living trust?

Some of the Cons of a Revocable Trust Shifting assets into a revocable trust wont save income or estate taxes. No asset protection. Although assets held in an irrevocable trust are generally beyond the docHub of creditors, thats not true with a revocable trust.

What is a share trust?

Equity trusts (also known as share trusts) allow you to invest in a wide range of shares listed on a stock exchange by pooling your money with other peoples money. The aim of an equity trust is usually to provide a medium level of income and long term growth. A wide variety of equity trusts are available.

Should a married couple have a joint trust or separate trusts?

In general, most experts agree that Separate Trusts can provide more asset protection. Joint Trust: Marital assets are all together in a single trust. This means theres less asset protection, because if theres ever a judgment over one of the spouses, all of the assets could end up being at risk.

Who owns the shares in a trust?

The shareholder of the shares will be the trustee as trustee for the trust. This is because a trustee holds assets on behalf of the trust.

Can shares be held in the name of a trust?

However, shares can be registered in the name of a trust or co-operative society, if it is registered. Hence, a registered trust or co-operative society can become a shareholder in a company.

What is the primary purpose of a revocable living trust?

A revocable trust provides a way to ensure the continued management and preservation of your assets, should you die or become incapacitated, and allows the avoidance of a probate court proceeding after your death.

What is employee share trust?

An employee share plan trust is a trust set up between the Company and the Trustee for the purpose of acquiring and safekeeping of the Companys shares, under an employee share plan.

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