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    setting up an estate

    Individual dies--has property and heirs would like to set up a trust.
    what is basically involved in this.

    Getting an ID # and transfering title to trust name????

    #2
    I'm not sure why the heirs would like to set up a trust after the fact. I think you need to see an attorney that deals with estate planning issues before going out and setting something up that will just cause you all kinds of paperwork hassles.

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      #3
      Estate or Trust?

      You titled your posting "Setting up an estate" and then go on to talk about setting up a trust. Which is it?

      If the person died, whatever assets he had are his estate. If the heirs want to set up a trust, what is their purpose, as that would determine what type of trust is to be established. Perhaps the deceased left a will instructing that a testamentary trust be established.

      A lot more info is needed for clarification.

      ED

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