The two primary estate planning documents used to transfer your property after you pass away are the Will and the Trust. A will transfers property to beneficiaries after the will is presented to a probate court, and wills typically make outright distributions of property to your beneficiaries. A trust transfers property to your beneficiaries without […]
When you begin setting up your estate plan, it’s often beneficial for you to also set up a trust. The problem is, which trust to use – a testamentary trust or a living trust?
Have you started thinking about building your estate plan? If so, you might feel a bit overwhelmed. Preparing an effective estate plan involves a comprehensive analysis of your family and financial situation. You will also be introduced to a host of legal terms you might not be familiar with, such as “trust,” “power of attorney,” […]
Do you really need a trust? This is a question that many people struggle with. While there are several reasons why you could have a trust, but if you really need one is dependent on your specific situation.
