SHZ, sorry for the assumption on my part. Based on my limited understanding, with a shared trust (i.e. husband and wife) you can actually specify which property each party owns individually, which upon that persons death, can be distributed per the trust document. Schedule B and C list any individually owned property.
However, for most amicable relationships, everything is owned together and it is these items that are listed under Schedule A. In my case, my wife has access to the safe and since my SBR resides there, I thought it prudent to use a trust to allow co-ownership, even if she didn't want anything to do with it.
Then again, there are some states that basically say 50/50 once you enter into a relationship, no matter what each party came into the relationship with. If you live in one of these states, don't get a divorce, it could be costly![]()



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