We are in the process of moving many things into a trust set up by Mary Trotter. We have 2 homes, a brokerage account, bank accounts that will receive pension payments etc. They will all go into the trust. Today we are both healthy and are of sound mind. The trust document defines how to determine when one of our children can manage the assets of the trust.
If it's needed one of our children will be able to write checks on the brokerage account, bank accounts and even sell our homes.
There are now clear definitions of our wishes about when to pull the plug and who will make that decision.
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