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 ...

In the realm of estate planning, there can be a lot of confusion around terminology. Often people come into our offices asking for or about one type of legal document or another, and either they do ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Most people who have revocable living trusts don’t reap their advantages ...

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 ...

Mention a last will and testament, and almost everyone knows what you’re talking about. But that isn’t the only type of will you need. There are also living wills, which can serve as a “legal seatbelt ...

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 ...