Hello, What's a living trust's best protection against potential false liens and/or potential forged signatures on deeds? Would a fraud alert filed in advance be sufficient? A conservatorship would be too expensive in this case.
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ANSWERS: 2
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A trust puts all the assets under a trust name. It also names the trustee and the successor trustee(s). A trust keeps you out of probate court and the expenses incurred paying lawyers. It is the best way to protect your assets for your heirs.
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Hello, The person in question has a trust but I don't trust a relative who somehow managed to take over her credit card account without our knowledge. I'm concerned the relative might have the person in question sign a power of attorney and/or deed document, thereby overriding the living trust? Thanks for responding, Questioner
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