In California, for example ... 2% on the next $800,000 ($16,000) When you use a living trust, you can completely avoid the probate process because the assets are already in the trust, and managed ...
Some of these options — such as a living trust — even allow you to control the preservation of your assets while you’re still alive. A living trust is a legal agreement that allows you ...
Many of our clients choose to set up revocable living trusts as part of their estate plan, often with the primary goal of ...
For many people, their home is their most valuable asset. Take the time to get your house in order and take action where you ...
such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes active after the death of the person who made it. A living trust, on the other hand ...
Testamentary Trust vs. Living Trust A testamentary trust is a trust that contains a portion or all of a decedent's assets outlined in a person's last will and testament. It is not established ...
A living trust is a legal document you set up while you’re alive to ensure that the assets you put in the trust, such as real estate, stock and bond holdings, CDs, and jewelry, are distributed ...
There are two basic types of trusts: living trusts and testamentary trusts. A living trust or an "inter-vivos" trust is set up during the person's lifetime. A Testamentary trust is set up in a ...