A living trust is one of those things that are extremely useful but often misunderstood. It has many benefits both for you while you are alive and for your heirs. Here are four things about living trusts that you may not have known about. Creditors Some people assume that if they put their assets into … Read more4 Common Misconceptions About Living Trusts
Whether you are 30 or 90, planning for your estate involves some important decisions. If or when you pass on, you want your family to be well taken care of and for your final wishes to be carried out without any conflicts. One of the best ways to do this is to build a living … Read moreBenefits of a Living Trust for Estate Planning
Only a small percentage of people have living trusts; in fact, it is estimated that less than 20% of people have established a trust. The reason people provide for not having a trust is often that they do not have time to take care of it, or that they do not need one since they … Read moreThe Top Benefits of Choosing a Living Trust
Are you thinking about setting up a living trust? Revocable living trusts have many benefits over wills, such as avoiding probate after death and helping to keep your property and your personal information private and protected from court challenges. Here are four reasons you should set up a revocable living trust. It’s Not Just for … Read more4 Reasons Why YOU Should Set Up A Living Trust
Misconceptions about revocable living trusts abound, which is why it is so important to get professional help when setting one up. Here are three common mistakes people make when setting up a living trust. Not Acclimating Trustees After setting up your living trust and funding it properly, you need to make sure that the people … Read more3 Common Mistakes People Make When Setting Up A Living Trust
One of the biggest misconceptions about living trusts is that wealthy people are the only ones who benefit from them. Additionally, a living trust ( also known as”inter vivos” or “revocable” trust) is often confused as being the same as a last will. However, even though they are both very useful, these are two distinct … Read moreWhy Having a Living Trust is So Beneficial
Many people are not well prepared for their future. They don’t want to think about future so they don’t have a plan for their retirement. They also don’t want to deal with their death so they just go about living ignoring it. However, that is not the best course of action. You should have a … Read moreThe Difference Between a Living Trust and a Will
Most people are not well prepared for their future. That is a mistake. If you don’t have a will or a living trust, someone else will be in charge of dividing up your assets, no matter what you wanted to do with them. Because of this, most people know that they need a will. However, … Read moreReasons to Choose a Living Trust
Designing and developing strategies to secure an individual’s future financial security demands careful analysis, and the understanding and use of many legal instruments. In our minds, a Living Trust without a doubt is one of the most important of these instruments. Let us take a moment to explain just why you should care about this … Read moreWhy You Should Care About a Living Trust
A living trust allows you to place your assets into a trust to later be passed on to your beneficiaries upon your passing. This process calls for you to choose a successor trustee who transfers the trust to your beneficiaries. After death, your assets are subject to the lawful debt. The successor will pay your … Read moreDistribute Your Assets Privately in Less Time with a Living Trust