Here's the two important paragraphs: ---Trusts are generally more difficult to contest than a traditional will. To invalidate a will you must either prove it was signed under duress or that the maker was incompetent on the day it was signed. To invalidate a living trust you would have to prove it was invalid not only on the day it was signed but each and every day it was in existence thereafter.
---It is almost impossible to contest a Living Trust. When a will is contested the assets are frozen and they cannot be distributed until the claim is resolved. Assets placed in a living trust are not frozen pending the outcome of a legal challenge. Anyone wishing to contest the trust must file suit against each of the beneficiaries; in the meantime the assets in the trust can be distributed. On 11/7/07, Erika L. Walker <[EMAIL PROTECTED]> wrote: > > Jim - good website just for reading. > http://www.estateplanninglinks.com/epl_course/estate_planning_intro.htm > > I had a few minutes this morning to find what I was looking for ... it's > several pages lonog but will give you a better idea than my half-arsed > attempt :) > > > On 11/6/07, Jim Davis <[EMAIL PROTECTED]> wrote: > > Actually I think they are looking into that. > > Still I think you're idea about a conditional trust is a good one - I've > been trying to stay out of the whole mess since I don't really have a > stake > or skills - maybe I'll try to bring it up during the post-Thanksgiving > dinner relax-a-thon. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Enterprise web applications, build robust, secure scalable apps today - Try it now ColdFusion Today ColdFusion 8 beta - Build next generation apps Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:245975 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
