Fairfax Virginia Fideicomiso en Vida Revocable para Bienes Raíces - Revocable Living Trust for Real Estate

State:
Multi-State
County:
Fairfax
Control #:
US-00556-4
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Word
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Description

Trustor and trustee enter into an agreement to create a revocable living trust. The purpose of the creation of the trust is to provide for the convenient administration of the assets of the trust without the necessity of court supervision in the event of the trustor's incapacity or death.

Fairfax Virginia Revocable Living Trust for Real Estate is a legal document that allows individuals in Fairfax, Virginia, to maintain control over their real estate assets during their lifetime while planning for the distribution of these assets upon their death. This trust is revocable, which means that it can be changed, amended, or terminated by the granter at any time during their life. One type of Fairfax Virginia Revocable Living Trust for Real Estate is the Individual Revocable Living Trust. This type of trust is created by an individual who wants to transfer their real estate assets into the trust for the purpose of avoiding probate court proceedings and ensuring smooth and efficient distribution of these assets. Another type of Fairfax Virginia Revocable Living Trust for Real Estate is the Joint Revocable Living Trust. This trust is created by a married couple or domestic partners who jointly own real estate assets and wish to establish a trust to hold these assets. By doing so, they can avoid probate and ensure seamless transfer of their property to their designated beneficiaries upon their death. The Fairfax Virginia Revocable Living Trust for Real Estate provides numerous benefits for individuals considering estate planning. Firstly, it allows the granter to maintain control and use of their real estate assets during their lifetime. It also protects their privacy as the trust document is not made public, unlike a will that needs to go through probate. Additionally, it enables the granter to plan for the management and distribution of their real estate assets in the event they become incapacitated. By establishing a Fairfax Virginia Revocable Living Trust for Real Estate, individuals can also potentially reduce estate taxes and minimize the burden of administrative costs associated with probate. It provides flexibility as the granter can modify the terms of the trust as their circumstances change. In summary, the Fairfax Virginia Revocable Living Trust for Real Estate is a versatile estate planning tool that allows individuals in Fairfax, Virginia, to retain control over their real estate assets while planning for their distribution. The Individual Revocable Living Trust and the Joint Revocable Living Trust are two common types of this trust that cater to different ownership arrangements. With the numerous benefits it offers, this trust is an essential component of any comprehensive estate plan.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
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How to fill out Fairfax Virginia Fideicomiso En Vida Revocable Para Bienes Raíces?

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FAQ

¿Que documentos se necesitan para un fideicomiso? Se deben presentar los documentos de identidad del constituyente, fiduciario y el (los) beneficiarios. Si se trata de un inmueble se debe presentar la escritura, el certificado de tradicion y libertad, el paz y salvo impuesto predial, y el impuesto de valorizacion.

Fideicomiso Irrevocable Un Fideicomiso que no puede ser cambiado.

Es un contrato mediante el cual una persona fisica o moral, nacional o extranjera; afecta ciertos bienes o derechos para un fin licito y determinado, en beneficio propio o de un tercero, encomendando la realizacion de dicho fin a una institucion fiduciaria.

Para crear un fideicomiso testamentario en un testamento, el fideicomitente debe designar un fideicomisario y especificar los beneficiarios. Como se menciono anteriormente, un fideicomiso testamentario no entra en vigor hasta que el fideicomitente fallece.

Ejemplo de que es un fideicomiso Por ejemplo, si un abuelo quiere dejar una herencia a su nieto sin necesidad de pasar por los padres, lo que hace el abuelo es contratar una empresa fiduciaria para que le administre los bienes a su nieto.

Algunos de los tipos de contrato mas frecuente en el mercado actualmente son: Fideicomiso testamentario.Fideicomiso como medio de pago.Fideicomiso de planeacion patrimonial.Fideicomiso estructurado.

El fideicomiso es un acto juridico por medio del cual una persona entrega a otra la titularidad de unos activos para que los administre y, al vencimiento de un plazo, transmita los resultados a un tercero. Es una herramienta juridica muy utilizada en los negocios y para preservar los patrimonios familiares.

Un fideicomiso en vida revocable (conocido en ingles como un revocable living trust) es un documento legal que le da la autoridad para tomar decisiones sobre el dinero o los bienes de otra persona mantenidos en un fideicomiso.

Es un contrato mediante el cual una persona fisica o moral, nacional o extranjera; afecta ciertos bienes o derechos para un fin licito y determinado, en beneficio propio o de un tercero, encomendando la realizacion de dicho fin a una institucion fiduciaria.

Un fideicomiso es un arreglo fiduciario que coloca bienes con un tercero (un administrador fiduciario) para que los guarde en nombre de los beneficiarios (por lo general, los hijos o los conyuges).

More info

Creating a living trust in Virginia occurs when you create a written trust document and sign it in the presence of a notary. Revocable Living Trusts, for example, can guarantee a smooth passage of property from decedent to beneficiaries.If you need legal advice about revocable living trusts, reach out to a skilled trusts and estates lawyer. Fiduciary: a person in a position of trust with respect to another's property; a general term used to refer to executor, administrator or trustee. Gifts and charitable trusts; Real property transfers. IRAs; Payable on death accounts; Trusts; Irrevocable living; Life insurance; Special needs. Irrevocable trusts can be useful tools for specific goals, like reducing taxes, but they require giving up ownership and control of trust property. 1862The finder of lost property is not entitled be married next February . 1862Lowls and Sons , stenographers in the Strand , AnxioUS ONE .

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Fairfax Virginia Fideicomiso en Vida Revocable para Bienes Raíces