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Advice on estate planning/revocable living trust?
| Ruddy rebellious national | 06/26/26 |
| charismatic crimson toaster | 06/26/26 |
| Ruddy rebellious national | 06/26/26 |
| faglord | 06/26/26 |
| Ruddy rebellious national | 06/26/26 |
Poast new message in this thread
Date: June 26th, 2026 11:01 AM Author: Ruddy rebellious national For some reason I still haven’t done this. Going to hire an attorney. Are there any blind spots I should be aware of? Fairly straightforward situation/assets. (https://xoxohth.com/thread.php?thread_id=5877552&forum_id=2#49963904) |
Date: June 26th, 2026 11:04 AM Author: charismatic crimson toaster its pretty straight forward. Once the revocable trust is set up, just make sure you transfer assets/shit into it so that they are titled in the trust's name. Once you die, your successor trustee will take over and deal with all of the property contained in it as you direct (kind of like a will), thus avoiding probate. I do a lot of probate, and really like pourover wills that pourover automatically into the trust upon death. (https://xoxohth.com/thread.php?thread_id=5877552&forum_id=2#49963910) |
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Date: June 26th, 2026 12:45 PM Author: Ruddy rebellious national ty friend (https://xoxohth.com/thread.php?thread_id=5877552&forum_id=2#49964214) |
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Date: June 26th, 2026 11:05 AM Author: faglord Make sure you comply with the Rule of Perpetuities (vesting conditions for property must be drafted to last more than 21 years after death of testator) lots of lawyers get it backwards (supreme court changed it recently) so if your guy objects to your proposal just do it yourself (https://xoxohth.com/thread.php?thread_id=5877552&forum_id=2#49963911) |
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Date: June 26th, 2026 12:46 PM Author: Ruddy rebellious national what? scotus changed RAP recently? (https://xoxohth.com/thread.php?thread_id=5877552&forum_id=2#49964215) |