General information
There are many different types of trusts, some of which are created during the trustor’s lifetime (living trusts) and others that are created only after death (testamentary trusts). Different trusts have different purposes, such as minimizing estate taxes or providing for a family member.
Trusts must be created correctly. People creating living trusts also need to fund their trust, which involves putting property into the name of the trust. People who create trusts generally also need a Will.
Trusts in Washington are governed by RCW Chapter 11.98.
- All about Trusts from Puget Law
- Use of Trusts in Estate Planning from Navigate Law Group
- Should I have a Trust or a Will? from Navigate Law Group
- Wills vs. Living Trusts from Washington (State) Probate
- Living Trust vs Will from Chapter Medicare
- What you need to know about Trusts from the Washington State Bar Association
- What you need to know about Revocable Living Trusts from the Washington State Bar Association
If you decide to create a trust, it's important to fund the trust. This involves putting your assets into the trust.
- Funding a Living Trust from WealthCounsel LLC
- How to Fund a Trust With Ease (15 Asset Types Explained) from Opelon LLP
- How Do I Put Property, Money, and Other Assets Into a Living Trust from Find Law
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Chapters 6 and 11 pertain to trusts