Far too often, when I review prospective clients’ trust documents and financial statements, I find that their accounts haven’t been titled in the name of the trust they created. 5 Unfortunate ...

“A living trust is essentially just a bucket that says, ‘I (the principal) am creating a bucket and I am in charge of ...

To get the ball rolling, meet with an attorney specializing in estate planning. To create a living trust, you’ll need to choose a trustee, typically a person or professional you trust that you ...

Pros and cons of a will Pros and cons of a living trust Who needs an estate plan? FAQs A will is a legal document you create that details how you want your assets and belongings to be ...

With a living trust, you designate a successor ... One of the biggest reasons to create a trust is to avoid probate. Your trustee will oversee the assets accordingly. Whereas with a will, an ...

Both transfer an estate to heirs, but only a trust can skip probate court Matthew Jarrell is the founder of DocSpot Financial ...

Your heirs will thank you for not leaving a legal mess to sort out. Many of us want to get going on this planning but don’t ...

That’s because living trusts are not only created outside ... There are websites that provide templates for people to create their own trust documents, but experts urge caution.

Often, the legal fees spent to create them were wasted ... of the series are at the end of this article. In the typical living trust, you and your spouse transfer title to most of your assets ...

I often meet new or potential clients who have established revocable living trusts before meeting me but haven't completed ...

Preparing a living will now is a smart decision that gives you say in how you want to be treated at the end of your life.

Creating a trust allows an estate to avoid probate costs ... you can look to other tools that will help your inheritors. Revocable living trusts or inter-vivos trusts were invented to help ...