Living Trust FAQ

An introduction to living trusts -- a popular way to avoid probate.

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Questions:

Answer:

Is it a hassle to hold property in a living trust?

Making a living trust work for you does require some crucial paperwork. For example, if you want to leave your house through the trust, you must sign a new deed, showing that you now own the house as trustee of your living trust. This paperwork can be tedious, but the hassles are fewer these days because living trusts have become so common.

For more on holding property in a trust, see Nolo's article Make A Living Trust: A Quick Checklist.

Ready to Create a Living Trust?

You can make a trust yourself--online or on your computer--or get help from a lawyer
Nolo's Online Living Trust We'll take you through a step-by-step interview, asking all necessary questions and explaining legal issues along the way. Start creating your living trust now.
Nolo's Living Trust Maker This stand-alone software also uses a simple step-by-step interview, but doesn't require Internet access. Buy the software.
Make Your Own Living Trust, by Denis Clifford This bestselling book provides all the forms and instructions you need to make your living trust. Buy the book
Talk to a Lawyer If you have questions about your situation or a thorny estate planning issue, get advice from an estate planning lawyer.
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