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Living Trust for Husband and Wife with One Child New Jersey Form

Living Trust for Husband and Wife with One Child New Jersey Form

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when we're working with married couples we frequently have to decide whether we're going to do one big trust for them called a joint trust one trust for both members of of of the marriage or if we're going to do two whole separate trusts for them and it's a very common question to ask which one's right for me of course and here's what we consider when we when we talk about this so a joint revocable trust is a is is the preferred tool in my opinion as long as there are no concerns about estate tax as long as everybody agrees that the money is going to go to the exact same place so i die everything goes to my wife she dies everything goes to the kids it's not like if i die it goes over here and if she dives she dies it goes over here and third if there's no prenuptial agreement the reason for this is a prenuptial agreement probably separates assets into two halves and if we do a joint trust we're combining that so we

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