Notice of Assignment to Living Trust. A living trust is a trust established during a person's lifetime in which a person's assets and property are placed within the trust, usually for the purpose of estate planning. This form serves as notice that the
trustor(s) of the revocable trust transferred and assigned his or her or their rights, title and interest in and to certain described property to the trust.
Living Trust 101
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All trusts are either revocable or irrevocable. What is a Living Trust and What are the Benefits?Easy to create and change. For most simple estates, it's not that hard for a lawyer to create a living trust tailored to your estate objectives, and you don't. A revocable living trust provides instructions on how you wish your estate is distributed upon your death. The answer lies in the many benefits a Living Trust offers. Revocable living trusts are the only probate-avoidance technique that allows you to avoid probate for virtually any property you own. A living trust is one that's established during an individual's lifetime. Estate planning attorneys recommend Revocable Trusts over Simple Wills. Trusts are more efficient ways to provide for your own benefit.
