How do I go about setting up a trust?

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Charles J. Stevens, Principal, evergreen financial, LLC

@CharlesStevens • 08/14/15 This answer was first published on 08/14/15. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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You can put almost any asset in a trust. The challenge you face is finding an attorney who is qualified to help you reach your goal. Trust law is a specialized subset of the practice of law. Attorneys best suited to helping you will be estate attorneys as opposed to someone who does real estate work or patent law.

Two sources of names would be a Google search of Estate Attorneys (the ones in your area will quicly surface) or your state Bar Association. Again, a Google search for your states association will give you contact information. Call the Association and ask for names of estate practitioners near you.

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Curt Sheldon, Financial Advisor

@CurtSheldon • 08/12/15 This answer was first published on 08/12/15. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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To set up a trust, you should consult with an attorney licensed in your state. But...in general terms (and this is not legal advice) a trust can own real estate.

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