Throughout my life, I've always heard that it's better to be proactive than reactive. That goes for your health, career, and ...
Estate planning is one of the hardest things you might ever have to do. For one thing, it can be complex. And if you're not ...
A living trust is a legal document that helps you pass down your assets to your beneficiaries when you die. So, what is a living trust on a house? Putting your house in a living trust lets you ...
A primary benefit of the living trust is that it avoids a conservatorship. If you have only a will, own substantial assets and become unable to manage your property, it may be necessary to conduct an ...
Many of our clients choose to set up revocable living trusts as part of their estate plan, often with the primary goal of ...
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 ...
An important estate planning decision that you could face when setting up a living trust is choosing a trustee or trustees to oversee it. Appointing multiple trustees can enhance the management of ...
a living trust is not a part of the public record. If you set up a living trust, it can be changed or canceled while you're still alive. This article is intended for educational purposes only and ...
The ideal number of trustees for your living trust depends on your specific circumstances and goals. Some individuals prefer a single trustee for simplicity and streamlined decision-making, while ...
And you could go that route if your estate isn't particularly complex. But you may want to consider a living trust instead for these reasons. 1. You own assets in different states When you own ...
One of those routes is a living trust. While a living trust won't be the go-to for everyone, there are a handful of reasons to consider using one -- including the three discussed below.