Dear Liz: Is naming a beneficiary for a nonretirement, “payable on death” account as effective as putting the account in a living trust? It seems easier than doing all the paperwork each time I open ...

Living trusts can help your heirs avoid probate. A living trust can typically be updated while you're still alive. They can be more expensive than wills. This legal document gives you flexibility and ...

Constance Carter, founder of California's largest independent Black-owned real estate firm, emphasizes importance of estate ...

Creating an estate plan is crucial for everyone over the age of 18, yet few Americans are making it a priority. A recent survey by elder care site Caring.com found 64% of Americans believe having a ...

Question: I understand that when you set up a trust, the assets that are in the name of the trust are protected from lawsuits and creditors. If this is so, it seems like that in today’s litigious ...

SAN FRANCISCO (CBS.MW) -- Most people who created highly popular "living trusts" assume their estate planning is complete, yet their heirs may well end up in probate court because of their attorney's ...

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 ...

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 ...