How do I set up a trust for inheritance?

How do I set up a trust for inheritance?

Setting up a trust for inheritance involves several steps. First, you need to decide on the type of trust you want to create. Do you have a specific type in mind?

I think I want a revocable living trust. What are the benefits?

A revocable living trust allows you to maintain control over your assets while you're alive, and it can help avoid probate after your death. Would you like to know how to create one?

Yes, what steps do I need to take to create a revocable living trust?

To create a revocable living trust, you'll need to: 1) Choose a trustee, 2) Draft the trust document, 3) Fund the trust with your assets, and 4) Review it periodically. Do you need help with any specific step?

Can you help me draft the trust document?

I can guide you on what to include in the trust document, but it's best to consult a legal professional to ensure it's valid. Would you like an outline of the key components?