Roles
The person who Probates a Will
Who is the Executor?
Directions for Medical Staff
What is the Advance Medical Directive?
The #1 reason to have a Living Trust
What is Avoid Probate?
The consequence of doing nothing
What is Intestate Succession?
The Person who creates a Trust
Who is the Grantor/Trustor?
How non-trust assets are handled
What is the Pour-Over Will?
The Reason to Create a Special Needs Trust
What is Qualify for Government Benefits?
The most common fail among those who create a trust
What is failing to fund it?
The person/people/entities who receive assets from a Trust
Who are the Beneficiaries?
Where Trust Assets are listed
What is Schedule A?
The reason to inherit by trust as opposed to intestacy
What is Stepped Up Value?
The place people record a deed
What is the Recorder's Office?
The person who appraises property in a Probate matter
Who is the Probate Referee?
The Short Form of a Trust
What is the Abstract of Trust?
The least-known benefit of having a trust
What is Privacy?
The way to assume control of non-trust assets
What is a Heggstad Petition?
The person who administers a Trust after the Grantor dies
The Successor Trustee
Document that lets someone take over financial affairs
What is a Durable Power of Attorney?
The biggest line-item cost savings for having a trust vs. going to probate
What are attorney's fees?
This must be posted absent direction or waiver
What is a bond?