Creating a Living (Revocable) Trust in Alabama: Everything You Need To Know

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  • Опубліковано 7 лип 2024
  • Access your own Alabama Living Trust Here: eforms.com/living-trust/al/
    A living trust is a legal arrangement where a person places assets into a trust during their lifetime. Think of a trust as a legal container for your assets and property. You can appoint someone else to manage the trust, or do it yourself. The advantage is that you maintain control of those assets during your lifetime, including the ability to modify or dissolve the trust.
    In this video we’re going to cover:
    How to create a living trust in Alabama
    The different roles involved
    Requirements
    And more
    DISCLAIMER:
    This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of our videos.
    #livingtrust #eForms #estateplanning #assetprotection #alabamalivingtrust
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    0:00 Intro
    0:41 Key Roles for a Living Trust
    1:49 Legal Requirements
    2:44 Steps to Creating a Living Trust
    3:38 Who can be a beneficiary?
    3:59 Access an Official Template

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