Sign up, and you can make all message times appear in your timezone. Sign up
Jan 21, 2023
squidmark All-American
Do you have a Family Trust? What are the advantages/disadvantages?
(I put this in the Business category. Sue me.)

We're considering the benefits of a family trust vs a will. I am not of a legal mindset. But, I also know CB is the reigning prime repository of knowledge. (At least, until ChatGPT is fully available.)

So I come to you, CB, fully willing to pay the CB going rate — a POTD vote, if I recall — for a little guidance.

What are the post-setup requirements for a family trust? We're not running a business or anything. We're just considering it in lieu of a will, for the eventual distribution of assets when we die. I know this is really a conversation to have with an attorney, but I want to go into that discussion able to have at least a somewhat functional understanding.

Bio page
May 28, 2003
Last login
Mar 25, 2023
Total posts
22,498 (40 FO)

Posting on CougarBoard

In order to post, you will need to either sign up or log in.