I am in the process of forming a "living trust" and need preliminary advise about declaring myself as "grantor", "beneficiary" and "trustee" where I have declared two others as co-trustees.
I have used the "Family Lawyer" prepared document for such, but have modified it somewhat. Additionally, I have used a "pass-through" Last Will and Testiment to automatically transfer all my assets to the Trust upon my demise.
Will a poster on DR1 who is familiar with such an arrangement please PM me with advise/information about the structure of such a document and can I also be grantor, beneficiary and primary trustee at the same time???
Texas Bill
I have used the "Family Lawyer" prepared document for such, but have modified it somewhat. Additionally, I have used a "pass-through" Last Will and Testiment to automatically transfer all my assets to the Trust upon my demise.
Will a poster on DR1 who is familiar with such an arrangement please PM me with advise/information about the structure of such a document and can I also be grantor, beneficiary and primary trustee at the same time???
Texas Bill