How To Use Assets In A Trust
If you put assets in a trust, are they locked away? No—with a revocable living trust, you keep full control, explains estate attorney Andrew Dósa. You wear three hats: the grantor who creates it, the trustee who manages it, and the beneficiary who enjoys it—all yourself. You still pay your bills and mortgage; you've simply added structure that avoids probate.
Excerpt summaries from the video and transcripts · how we make them
Answered by Andrew Dósa · Tacoma, WA and Oakland, CA
Highlights
Frequently Asked Questions
Are assets in a trust locked away?
No—with a revocable living trust you keep full control, contrary to the common misconception that a trust locks your assets away.
What roles do you play in your trust?
You wear three hats—the grantor who creates it, the trustee who manages it, and the beneficiary who enjoys it—all yourself, still paying your bills and mortgage while avoiding probate.
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