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Can they have a joint trust? Yes, a joint trust is created by two individuals that can kind of combine their assets really together. And often it’s for married couples. But if it’s unmarried domestic partners type of thing, we still do a joint trust. It just means that when one person dies, the other person gets the remaining assets and then upon the second death, everything else goes according to their plans together. So often people are together for so long that they really just want to take care of each other,
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but then they want sort of like their nieces, nephews, friends, charities after the death of the second one. So a joint trust is really helpful for that. So I always recommend that if that’s your wish of keeping your assets together and having the same beneficiaries upon the death of both of you, then yeah, go ahead and do a joint trust.
