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 ...
A living trust is an estate planning tool that can allow you to maintain control over your assets, specify how they should be distributed and even protect them from legal challenges or financial ...
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 ...
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, ...
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 ...
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, ...
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 ...
Dear Liz: I understand what happens with a living trust when both spouses die at once. But what happens when just one dies? Is the trust tossed out, since the surviving spouse is usually the trustee?
PHOENIX — When it comes to estate planning, there can be tons of questions and concerns, including taxes, trusts, the probate process and more. This is where Asset Preservation Wealth & Tax comes in ...
If you have established a living trust and own real estate, you were likely advised to transfer the real estate to your trust. A living trust may also be known as a “revocable trust,” “inter vivos ...
Dear Liz: A friend of mine contacted an estate planning attorney to do a living trust. The attorney gave her an estimate of $5,900 for this job. My friend is single, never married, no children, does ...
If you’re thinking about creating a Living Trust in Arizona, there are some important basics to know first. Here’s how a revocable living trust may work for you. Wills and Trusts are types of estate ...