This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, ...

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 ...

Dear Liz: Is there a minimum amount of assets required before a revocable living trust is advisable? I am retired but my wife is still working. If we do not include our 401(k) plans, our total liquid ...

A living trust is also known as a revocable trust. A living trust typically involve the creator of the trust remaining actively involved in be maintained while active, which can add costs if you use ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. If you've worked hard to accumulate assets during your ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning is one of those things that's ...

Dear Liz: My husband and I made a living trust in 2004. He died in 2018, so his half became irrevocable. But while we were settling his estate, no one mentioned (though I can see clearly in the 2004 ...

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 wills are about medical care. Living trusts are about assets. They're complementary in a complete estate plan. They sound alike but they serve very different purposes, and they can work ...

Weston: They can be a solution for people with limited funds who can’t afford to pay an estate planning attorney, or when they’re part of a coordinated estate plan. But if you have more money/property ...

Instead of putting property and assets in a will to be distributed upon death, some small-business owners choose to distribute their estate to their beneficiaries through a living trust, also known as ...