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Who owns the property in an irrevocable trust?

Under an irrevocable trust, legal ownership of the trust is held by a trustee. At the same time, the grantor gives up certain rights to the trust.

How do I revoke a revocable trust in Georgia?

The first step in dissolving a revocable trust is to remove all the assets that have been transferred into it. The second step is to fill out a formal revocation form, stating the grantors desire to dissolve the trust.

How much does a living trust cost in Georgia?

If you use an online program to write the trust document yourself, youll probably spend less than a few hundred dollars. If you hire an attorney to help you create the trust, youll probably spend more than $1,000.

What is a living trust in Georgia?

A living trust in Georgia is a document that transfers ownership of some or most of your assets into a trust where you continue to use them until they pass to your beneficiaries after you die. A living trust is a popular estate planning option.