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The Revocable Living Trust is an estate planning document that allows the assets in the trust to be distributed to your beneficiaries without having to utilize the formal proceedings involved with probate. The trust documents will be the documents in tab 4 of your estate plan binder. It will identify who is distributing the trust assets and who is getting distributions along with the amounts that you have indicated in your consultation with the attorney

The Successor Trustee(s) are very important for your trust to get executed properly upon your passing. They are the designated agents that will distribute the assets owned by the trust. They will take care of transferring your property to the correct beneficiaries and in the correct amounts based on your distribution schedule. This is an administrative role. You will want to name someone that you have a great deal of trust with. They are named on in Article III Paragraph 3 in section 4 of your estate plan binder. ***Please note: your Executor for the Will is always the same as your Successor Trustee. They share the same responsibilities.***

The Durable Power of Attorney (DPOA) for Financial Decisions is a legal document that assign a trusted individual or individuals to make financial decisions for you in the event that you became mentally or physically incapacitated. This document will be in tab 6 of your estate plan binder.

In order to transfer your real property (real estate) to the trust, a deed must be recorded with the respective county that the property is located. The preparation of the first deed is included with the program. ***Please note: Additional Quitclaim Deed or Timeshare deeds will cost $100 per deed.***

If you (or you and your spouse) operate your business as a sole proprietorship, with all business assets held in your own name, you can simply transfer your business property to your living trust as you would any other property. You can also transfer the business's name itself: that transfers the customer goodwill associated with it. You will have to contact the county directly to do so.