Creating A Trust Guide

Summary

To start a trust, choose between a revocable or irrevocable trust, designate a trustee and beneficiaries, draft and notarize the trust document, and fund the trust by transferring assets. In Colorado, ensure compliance with state laws, consider consulting an estate planning attorney, file necessary forms, and regularly review the trust.

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Colorado
To start a trust in Colorado, here are some additional steps:
- Ensure the trust document complies with Colorado state laws.
- Consider consulting an estate planning attorney for personalized advice.
- File any necessary forms with relevant state agencies.
- Review and update the trust regularly.
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