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Trusts in California: Understanding the Basics

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Trusts in California: Understanding the Basics Powered By Docstoc
					 What is a
TRUST?
     IT’S A LEGAL RELATIONSHIP BETWEEN YOU,
              SOME OF YOUR PROPERTY,
 SOMEONE YOU APPOINT TO MANAGE THAT PROPERTY,
AND THOSE YOU CHOOSE WHO CAN BENEFIT FROM THE
                    PROPERTY.
THERE ARE MANY DIFFERENT SPECIFIC TYPES OF
  TRUSTS, EACH WITH ITS OWN BENEFITS AND
               DRAWBACKS.
How Do You Make a
 TRUST?
• THE TRUST TERMS
    • THE TRUST TERMS
• THE NAME OF THE TRUSTEE
       • THE TRUST TERMS
   • THE NAME OF THE TRUSTEE
• THE NAME(S) OF THE BENEFICIARY
       • THE TRUST TERMS
   • THE NAME OF THE TRUSTEE
• THE NAME(S) OF THE BENEFICIARY
     • AND YOUR SIGNATURE.
  What Is a
TRUSTEE?
 What Does The
TRUST OWN?
   Who Are The
BENIFICIARIES?
 Changing the
TRUST
Living or Testamentary
     TRUST
Want to Know More About
Trusts in California?
Download Your FREE, No-obligation
   Living Trust Report Today!

				
DOCUMENT INFO
Description: This presentation aims to explain the basics of trusts in California.