Avoiding probate and retaining control over the distribution of your assets are two key benefits of using a living trust as part of your estate plan. With so many misconceptions around trusts, it's ...

Living trusts are legal documents that are important estate planning tools for many families. These documents are popular mainly for their flexibility, customization, and control. Living trusts can ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, ...

A living trust gives you flexibility while sparing your loved ones the hassle of probate. A living trust can be far more costly and complicated to put in place than a will. Consider whether a 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 ...

When it comes to estate planning, two of the most common tools are living trusts and wills. Both help ensure your assets reach the right people after you’re gone, but they work differently and serve ...

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 ...

A living trust is more expensive to set up than a simple will, and not everyone needs one. But a revocable living trust can be a valuable estate-planning tool for people with fractious families, a ...