Frequently Asked Questions
Benefits of Trusts: Trusts offer asset protection, privacy, and control over distribution. They help sidestep probate, reduce estate taxes, and ensure assets are distributed as per your wishes.
Getting Started:
- To begin creating a trust with TrustOnTitle.com, simply fill out our streamlined order form on our website. You’ll need to provide basic information about yourself and your assets.
- Our order form is designed to be user-friendly, guiding you through the necessary steps to create your trust efficiently.
- Yes, we offer consultations with our trust experts to discuss your specific needs and preferences before you start the trust creation process.
Trust Creation Process:
- The process of creating a trust typically involves several steps, including gathering information, drafting the trust documents, reviewing and finalizing the documents, and signing them.
- The duration of the trust creation process may vary depending on factors such as the complexity of your assets and the extent of customization required for your trust documents.
Digital Documentation:
- Your trust documents will be delivered to you in a modern, digital format for easy access and management.
- We employ robust security measures to protect the confidentiality and integrity of your digital documents, ensuring that they remain secure at all times.
Recording Assistance:
- The process for recording your trust on title involves submitting the necessary documents to the appropriate authorities, typically the county recorder’s office.
- Yes, we provide assistance in finding a reliable third-party provider to handle the recording of your trust on title.
- While there may be fees associated with recording the trust, we will guide you through the process and provide transparency regarding any additional costs involved.
Trust Maintenance and Updates:
- Ongoing maintenance for a trust may include reviewing and updating the trust documents as needed, especially in the event of major life changes or changes to your assets.
- Yes, we have transparent pricing and can assist in updating your trust documents in the future to reflect changes in your circumstances or wishes.
- Circumstances that may necessitate changes to your trust include marriage, divorce, the birth or adoption of children, changes in financial status, and changes in estate planning laws.
Alternative Solutions:
- Q: Are there alternative methods for recording a trust?
- A: Yes, options include electronic recording or utilizing a title company.
- Q: How do I choose the best method for recording?
- A: Consider factors like convenience, cost, and legal requirements.
- Q: Can TrustOnTitle.com help explore alternative solutions?
A: Certainly! Present your trust documents during a new mortgage transaction. An alternative way to save on recording fees, allowing the new trust to be recorded at closing.
