Wills & Trusts Lawyers in North Dakota work with many agencies to help you with all of your estate planning matters. The laws governing estate planning in North Dakota are quite specific and encompass numerous subject areas, a Wills and Trusts Attorney can work with you on issues dealing with estate planning matters in North Dakota.
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A "Living Trust" can be used to hold legal title to and provide a mechanism to manage your property
You can select a person or or a group of people to serve as the Trustee. They then carry out the instructions you want in the Trust and name one or more Successor Trustees to take over should you no longer be able to. Unlike a Will, a Trust generally goes into effect immediately, functions throughout your lifetime even if you become incapacitated, and continues even after your death. Most Trusts are revocable meaning that the person who creates the Trust can make modifications or terminate the Trust in the future.
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