Avoiding probate and retaining control over the distribution of your assets are two key benefits of using a living trust as part of your estate plan. With so many misconceptions around trusts, it's ...
Distributing inheritance can be a difficult process. Luckily, you can take steps so that the things you leave behind get passed along with little hassle.
Living trusts are legal documents that are important estate planning tools for many families. These documents are popular mainly for their flexibility, customization, and control. Living trusts can ...
Revocable trusts can be altered anytime but don't protect assets from estate taxes or creditors. Irrevocable trusts lock assets away, shielding them from taxes and legal claims. Irrevocable trusts do ...
In the realm of estate planning, there can be a lot of confusion around terminology. Often people come into our offices asking for or about one type of legal document or another, and either they do ...
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. One of the toughest financial tasks you might have to ...
Estate planning provides for the smooth handling of your assets after death. However, only around 32% of American adults have a will, indicating that most people haven’t taken the appropriate steps to ...
While planning their estate, a person might decide to create a living trust, which differs from a will. This legal document describes how to distribute assets after the person dies while allowing that ...