Washington Living Trust for Individual Who is Single, Divorced or Widow or Widower with Children

Washington Living Trust for Individual Who is Single, Divorced or Widow or Widower with Children
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State:
Washington
Control #:
WA-E0176
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Available formats: Word | Rich Text

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Description

This form is a living trust form prepared for your state. It is for an individual who is either single, divorced or widowed with one or more children. 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. The trust then owns and manages the property held by the trust through a trustee for the benefit of named beneficiary, usually the creator of the trust (settlor). The settlor, trustee and beneficiary may all be the same person. In this way, a person may set up a trust with his or her own assets and maintain complete control and management of the assets by acting as his or her own trustee. Upon the death of the person who created the trust, the property of the trust does not go through probate proceedings, but rather passes according to provisions of the trust as set up by the creator of the trust.

How To Fill Out Washington Living Trust For Individual Who Is Single, Divorced Or Widow Or Widower With Children?

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FAQ

What should you not put in a living trust?

How does a trust work after someone dies?

How do you start a living trust after death?

What happens to a living trust after death?

Can a revocable trust be changed after one spouse dies?

Can a trust be changed after one spouse dies?

What happens to a revocable trust when one spouse dies?

How long does it take to settle a trust after death?

How much does it cost to create a trust?

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