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Help answer this question below.
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
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.
My late wife and I had a trust for our kids. I removed all the monies and paid for my kid's college. Can my kid's come after me?
by sunmariner07 on March 22nd, 2011
| 1 person likes this
Can a person be legally entitled to something that "was promised" to them but which isn't mentioned in the written will of the deceased?
by dickens77 on March 13th, 2011
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I am confused as to how a trust works compared to a will. Once I draw up the papers on line, it has to be signed and notorized, correct?
by Anonymous on March 2nd, 2011
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My mom left me her home and all the furnishings in her home except things specifically noted elsewhere in her will. what does that mean?
by ldm07 on March 4th, 2011
| 1 person likes this
Will ask again, Would you recommend using an online legal service?
by Anonymous on March 7th, 2011
| 1 person likes this
You're reading 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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