Tag Archives: living trust
Advantages of Putting Assets Into a Living Trust
A living trust is a method of preserving and investing wealth during your lifetime and earmarking the proceeds for designated beneficiaries upon your death. It is also called a revocable trust because it gives you the power to alter or terminate it. Living trusts provide numerous advantages that make them useful tools in estate planning. […]
Using Living Trusts to Avoid or Minimize Probate
Anyone who owns a real estate, has substantial bank accounts and investments or possesses other valuable property needs to consider the possibility that these assets will go into probate — the legal process that decides how a decedent’s estate will be distributed at death. Probate can be expensive, time-consuming and prone to complications. Fortunately, there […]
