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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Trusts - My Plan Make Sense? Posted by Mark Hamilton on April 21, 2008 at 4:35 PM In Reply to: Re: Trusts - My Plan Make Sense? posted by hard money lender on April 20, 2008 at 5:56 PM Now that is a thought... Thanks. : it would probably be easier just to have 1 trust. : if you ever wanted to change the percentages of the beneficiaries, it would be easier with just one trust. : and when you go to sell it, etc. - just send one trust doc, instead of 3. : i guess my advice is go with 1 trust, unless there is a very specific reason why you want 3, or think you need 3. : i think i would have all 3 people as trustors, and all 3 people as beneficiaries in the single trust. : and then of course, all 3 people would have notarized signatures on the document. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Now that is a thought... : Thanks. : : : it would probably be easier just to have 1 trust. : : if you ever wanted to change the percentages of the beneficiaries, it would be easier with just one trust. : : and when you go to sell it, etc. - just send one trust doc, instead of 3. : : i guess my advice is go with 1 trust, unless there is a very specific reason why you want 3, or think you need 3. : : i think i would have all 3 people as trustors, and all 3 people as beneficiaries in the single trust. : : and then of course, all 3 people would have notarized signatures on the document. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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