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Author Question: Because most trustors tend to maintain all of the control of their assets during their lifetimes, ... (Read 55 times)

cookcarl

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on: Mar 2, 2019

Question 1

If the trust is revocable, the trustor has the right to change, amend, or terminate the trust at any time as long as:


◦ The trustor is free from any legal disability and remains of sound mind
◦ The trustor consults with an attorney
◦ The trustor consults with the beneficiaries
◦ The trustor applies for the changes through probate court

Question 2

Because most trustors tend to maintain all of the control of their assets during their lifetimes, they do not get to:


◦ See the happiness their gifts given the beneficiaries
◦ See any tax savings
◦ Downsize
◦ Reduce their stress
Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5th Edition
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Marked as best answer by cookcarl on Mar 2, 2019

Animal_Goddess

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Reply #1 on: Mar 2, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cookcarl

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Reply #2 on: Mar 2, 2019
Thank you!


Animal_Goddess

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Reply #3 on: Mar 2, 2019
Always glad to help...


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