
One type of trust is an irrevocable living trust. When creating a trust, you can either name yourself as the trustee or pick someone else for the job. Each trust has a trustee who manages and distributes the property in the trust. Living trusts are legal frameworks in which property and assets can be stored. Put your property into the trust: This does take some paperwork, so while you can do it by yourself a lawyer may be useful.Get the document notarized: Sign the document before a notary public.Draw up the trust document: You can do this online with a program or get the help of a lawyer.

Most people choose a child or another relative to be their trustee.
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A joint trust can hold jointly owned property like cars and homes, plus anything either spouse independently owns. If you’re married, a joint trust might make more sense.

