I would like to have a trust; however, my husband does not want to do a trust. What options do I have? Is it possible for me to have my own trust? I have very few assets that are just in my name.

Ann Phelps | Sep 12, 2018 | Category: Elder law attorney

Tillem McNichol & Brown - All questions

Address: 846 Broadway, Sonoma, CA 95476, USA

Tillem McNichol & Brown | Sep 12, 2018

You could create a trust on your own, but that's not necessarily a good idea - if, for example, you transfer your half of any jointly held assets into your trust, they may not pass to you if your husband were to die first. This could mean that you inherit less from him if he were to die before you. Given that men tend to die younger, your best bet may be to leave things as they are. However, that answer is speculative at best. You should meet with a trusts and estates attorney and bring all of your account statements, and his, and deeds to real property if you have them so that the attorney may give you a more reliable answer.

Dave Allendorf | Sep 12, 2018

Having my parents assets in a trust saved us probably a $150000 to $ 200000 in taxes, had no probate, Arden was the best

Add Answer

Thanks! Your answer is awaiting moderation.

Other Questions

Trending Places