Your Trust 2018-01-06T10:40:57+00:00

The Living Trust Portfolio available through Generation Living Trusts is a comprehensive estate planning document capable of protecting your assets, your health, and your personal security. It is made up of 11 legal documents (for couples) or 8 legal documents (for singles). It offers everything you and your family needs to manage your affairs while you are alive, and make sure your wishes are honored after you’re gone. This exceptionally well-designed series of legal and support documents includes:

A Trust Overview

Outlines all of the elements of your trust portfolio; provides you with checklists for listing key advisors; assists with a detailed overview of ‘What to Do When a Loved One Dies’; and presents you with a ‘Locator List’ wherein important documents can be retrieved by your heirs and the decision-makers you’ve chosen.

A Living Trust

This confidential trust document assists you in avoiding probate, avoiding ‘Conservatorship’ (living probate), and details the distribution of assets to your heirs as you’ve outlined. Your Living Trust also denotes specific powers you’ve granted to Trustees and Successor Trustees in administering the affairs of your trust estate.

Revocable Living Trust

It’s the most effective tool for preserving your estate. By placing your assets in a Revocable Living Trust, you can avoid the perils of Probate. There are no delays in distributing assets to your loved ones, in the privacy of your own home – all while your wishes are honored.

Living Will(s)

This is a ‘medical directive’ that provides a way for you to dictate your personal desires regarding the termination of life support. It satisfies recent changes to the HIPAA laws, and gives you and your family peace of mind when concerns arise over whether you are being ‘artificially’ kept alive.

Durable General Power(s) of Attorney

This grants you the power to appoint others to manage assets left outside your trust. If your are declared incompetent or incapacitated, this document will allow those you’ve chosen to place all assets left outside the Living Trust into the Trust, enjoying protection for your estate.

Pour-Over Will(s)

At the time of death, a Pour-Over Will transfers any of your assets that are outside your Trust, into your Trust. It also supersedes and updates your Will.

Medical Power(s) of Attorney

The healthcare-related document also abides by the recent HIPAA laws, and allows you to appoint individuals to speak on your behalf (and honor your wishes) if and when you are unable to make your own health care decisions. It also includes an option for indicating burial or cremation arrangements, and allows you to select Guardianship and mental health advocates to speak in your behalf.

Schedule of Trust Assets

A flexible, practical area that lists all of your financial accounts, records the transfer of any assets you’ve decided to place into the trust, and allows for proper review of any personal items you’ve decided to ‘gift’ to your family or friends. Over time this section provides a system for adding or deleting assets to and from your trust so that on-going administration is easier.

Community Property Agreement

(Married couples ONLY) – because Arizona is a ‘community property state’, this document allows you to properly transfer your assets in or out of your estate without intrusion or hassles.

On-site Delivery/Notarization/Follow-up

Gives you an overview and the details surrounding how assets were transferred into your Living Trust; it discusses how a personalized ‘Family Letter’ might be drafted by you and incorporated into your trust document; and includes a series of pre-written cover letters that you may use in transferring personal assets into the trust during your lifetime. Additionally, it includes a new ‘Trust Certification’ letter that you can use to verify the formal and legal presence of your trust over the period of your life.

Funding & Support Documents

Our services include complete on-site delivery of all your Living Trust Portfolio documents, notarizing of all legal documents included in the portfolio, along with personalized follow-up and on-going support should you have question in years to come about your trust estate.

Certificate of Trust

This is a mini-version of your trust document that removes private information regarding who is to receive enrichment from your trust. This version provides all necessary information needed by banks, credit unions, brokers, etc. in the proper transfer of trust assets into your trust without divulging private matters that are really none of their business.

Community Property Agreement

(Married couples ONLY) – because Arizona is a ‘community property state’, this document allows you to properly transfer your assets in or out of your estate without intrusion or hassles.

Your Score:  

Your Ranking: