Posts Tagged Living Trust


WHAT DOES A TRUSTEE OF A LIVING TRUST DO?

Explanation of a Living Trust Let’s say you own a diamond ring, a house, a cat, furniture, and a bank account with $20,000.00. At law, there are 2 elements of ownership. There is the legal ownership and there is the beneficial ownership of any property (a “property” here means personal property and real estate). In […]

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Opening an Estate in Lake County, Indiana

The amount of time it takes to probate an estate will vary on the complexity of the estate. It can sometimes take years, but an average time is around one year from the date of death, but it is not unusual for the process to take two or more years.

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Living Trust…without a lawyer?

If you are ever confronted with someone who is pitching you a trust, the first thing you need to ask is to meet with the lawyer at some point in the process. Ask this question: “Who is the lawyer who prepared this?” And then, ask to meet with the attorney. Often, no such person exists.

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