To begin the process of setting up a trust fund, you will need to hire a Sacramento estate planning attorney and provide the details on all accounts and deeds that you intend to place in the trust. Keep in mind that the principle behind a trust is to remove an asset from your possession and transfer it to a legally-designated entity. Almost any type of asset—including houses, savings accounts, even money market accounts—can be placed into a trust.
If you believe you are ready to set up a trust or would just like to talk to a professional and get your questions answered; feel free to contact a trusted Sacramento estate planning firm like Generations to discuss the pros, cons, and your expectations as to how the trust will function and operate.
http://www.generationsprobate.com/blog/industry-news/sacramento-estate-planning-you-dont-have-to-be-rich-to-set-up-a-trust.html
Sunday, July 6, 2014
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