but setting up a living trust vs. a will can be time-consuming and costly when you factor in fees for legal advice or other ...

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

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 ...

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 ...

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

The chief disadvantage of creating a trust is the initial cost. While it is true that attorneys generally charge more to draft a living trust than a will, the cost will likely be offset by other ...

A living trust is a legal arrangement in which you control your assets as long as you're alive. A major benefit to a living trust is avoiding probate. Depending on the assets you have, you may not ...

You don't need to be a high-net-worth individual to plan an estate. Planning can be worth it, no matter how many assets you ...

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.

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

McPhee and Predmore allegedly signed trust instruments purporting to create four trusts, opened bank accounts in the name of each entity and paid for personal living expenses from those bank accounts.

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 ...