Tennessee Living Trust for Individual Who is Single, Divorced or Widow or Widower with Children

State:
Tennessee
Control #:
TN-E0176
Format:
Word; 
Rich Text
Instant download

Description

This form is a living trust form prepared for your state. It is for an individual who is either single, divorced or widowed with one or more children. A living trust is a trust established during a person's lifetime in which a person's assets and property are placed within the trust, usually for the purpose of estate planning. The trust then owns and manages the property held by the trust through a trustee for the benefit of named beneficiary, usually the creator of the trust (settlor). The settlor, trustee and beneficiary may all be the same person. In this way, a person may set up a trust with his or her own assets and maintain complete control and management of the assets by acting as his or her own trustee. Upon the death of the person who created the trust, the property of the trust does not go through probate proceedings, but rather passes according to provisions of the trust as set up by the creator of the trust.

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FAQ

Trust is a feeling that somebody or something can be relied upon, or will turn out to be good. It is the feeling of being sure about something, even if it cannot be proved. The word "trust" can be a noun or a verb:(Verb): I trust you completely (same meaning).

A God who does care, even when it feels like He doesn't. Trusting in God means that whatever we suffer, in the end, can be used for our all of our ultimate good.

What Is Trust In A Relationship? Trust is the faith you have in someone that they will always remain loyal to you and love you. To trust someone means that you can rely on them and are comfortable confiding in them because you feel safe with them.

Trust is an abstract mental attitude toward a proposition that someone is dependable. Trust is a feeling of confidence and security that a partner cares. Trust is a complex neural process that binds diverse representations into a semantic pointer that includes emotions.

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Tennessee Living Trust for Individual Who is Single, Divorced or Widow or Widower with Children