Thread: Q about wills
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ossiblue ossiblue is offline
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Join Date: Oct 2005
Location: Capistrano Beach, Ca.
Posts: 7,235
Let’s clear it up. Simply stated, the trust owns everything before the assignors die. Some trusts and wills transfer additional property to the trust upon death. The trust owns the assets and the trustee controls the trust. The trustee then may maintain, transfer or liquidate the trust and/or its assets according to the trust instructions. No probate.
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Last edited by ossiblue; 03-20-2020 at 05:30 PM..
Old 03-20-2020, 05:27 PM
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