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 ...
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 in the ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
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 ...
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 ...
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 ...
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6 Things You Should Never Put in a Living Trust
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 ...
The probate process can be lengthy and costly. A living trust allows you to set stipulations before beneficiaries can receive an inheritance. Living trusts are revocable, meaning they can be changed ...
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