How can my spouse and I set up a living trust for our children? | NC

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Q: How can my spouse and I set up a living trust for our children? A: You and your spouse can set up a revocable living trust by signing a written trust agreement. The trust should name the two of you as the people creating the trust, identify who will serve as trustee, name successor trustees, and list your children as beneficiaries after both spouses have died. It should also explain how your…