Any amendments, modifications or changes to your trust in the future may require the assistance of an estate lawyer. The ...

As trusted advisors to your clients, you likely field questions about estate planning strategies and whether living trusts make sense for their situations. Understanding the fundamentals of revocable ...

Trusts are described in multiple ways, including: living or testamentary, revocable or irrevocable and grantor or non-grantor. These terms are not always mutually exclusive. A trust can be living, ...

Putting everything you own into a living trust can feel like the safest way to help your kids skip probate, but some assets ...

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

Most people should consider having one or more trusts in their estate plans. To make decisions about trusts you must be aware of trust terminology and basic concepts about the most common types of ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. The recent deaths of actor Gene Hackman and his wife Betsy Arakawa ...

A living trust often allows you to forego the probate process, which can be time-consuming. There is more privacy involved with a living trust than with a will. Creating a will can be a more ...

A living trust offers a financial alternative to the standard will, and allows individuals to actively control the distribution of their estates. In addition, a living trust avoids probate and permits ...

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 ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. When you work hard your entire life to accumulate ...

A trust is used to control how assets transfer after death. When the grantor dies, the trust becomes an active legal entity.