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No. It is a private document which, unlike a Will, is not entered into public record. You should be aware that if you own any interest in real property, your deed should be filed as a matter of public record. However, this is the case with all real property, whether or not you place it in a Living Trust.
No. It is a private document which, unlike a Will, is not entered into public record.
While it is true that with the information available on the Internet, you might be able to draw up your own living trust, there are numerous valid reasons why you should have an experienced Ayo and Iken Florida estate attorney prepare your living trust.
Once the qualified beneficiary gives notice he or she has a right to request a copy of the actual trust instrument. In general, a trustee is required to provide a qualified beneficiary with a complete copy of the trust instrument. A trustee must also provide a trust accounting upon reasonable request.
In short, no. Trusts don't have to be recorded or registered, and that simple fact is one of the key benefits of this asset management tool.
To receive a copy of the trust document, a beneficiary must communicate with the trustee requesting the copy. Typically, trusts are largely used among close relatives as estate planning tools.
To receive a copy of the trust document, a beneficiary must communicate with the trustee requesting the copy. Typically, trusts are largely used among close relatives as estate planning tools.