Living Trust California Sample

You continue to be able to use the assets for example you would live in and maintain a home that is placed in trust.

Living trust california sample.

The actual sample living trust has a spendthrift provision and is sold by legaldo slideshare uses cookies to improve functionality and performance and to provide you with relevant advertising. Your trust document will be different because it will be tailored to your situation and the laws of your state. A california living trust is a legal document that places some or all of your assets in the control of a trust during your lifetime. After your death the living trust california assets are passed to the people you have.

Here is a sample living trust just to show you what a living trust document can look like. The california revocable living trust is a document that allows a grantor to specify how his her assets and property should be managed during their lifetime and after their death the assets designated to the trust may be managed by the grantor only if the grantor chooses to act as trustee person responsible for maintaining the trust however this option is only available with a revocable trust. Here is an example of a nolo living trust made for a fictional person. Sample revocable living trust for california with spendthrift clause free download as word doc doc pdf file pdf text file txt or read online for free.

The trust is over 35 pages and is very detailed including a spendthrift clause making it clear that the trust is intended to be construed as a spendthrift. A california living trust is a document that enables an individual to manage their assets both during their lifetime and after death while avoiding the probate process the person establishing the trust the grantor can place their personal property and real estate within the trust so that it may be distributed directly to a beneficiary upon the grantor s death. By betsy simmons hannibal attorney. Sample individual living trust.

As the person creating the trust you can dictate. This sample revocable living trust for california is for a husband and wife. Download the california living trust form which allows you to create a separate entity to hold your chosen assets and property which will continue during your life and after your death until the assets are distributed a trustee of your choosing is obligated to administer the trust in a manner which is in the best interest of your beneficiaries.