Posted by 8N'r--WI on April 01, 2013 at 12:21:46 from (12.104.244.6):
From a Non-Attorney....as far as I know, a trust never needs to be filed with a court, even after your death.
There is no probate of trust assets and therefore no probate courts supervises the trustee, the person you name in the trust document to handle the distribution of the trust assets.
The trustee simply follows the instructions you wrote in the trust document, without getting permission or approval from the court.
Certain ASSETS, however, when transferred to a trust need to be recorded...like farm land...
A trust creates a very private transferance of assets......trust me.:>) Get a qualified attorney for all the answers...
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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