Two types of legal documents can outline your wishes for after you die, yet few people understand the pros and cons of either a revocable living trust or a will. Generally, a revocable living trust or ...

Living trusts are powerful tools that can help protect client assets and make estate administration easier for families.

Estate planning is an important part of financial planning which involves making arrangements to transfer a person's assets when they die. Living trusts and living wills are two legal documents ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. The recent deaths of actor Gene Hackman and his wife Betsy Arakawa ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. When you work hard your entire life to accumulate ...

How does it work? What is the purpose of a revocable living trust? The primary role of this type of trust is to provide a comprehensive framework for managing and distributing assets, both during the ...

When you use a will to pass along an inheritance, you give up the benefit of privacy. With a living trust, your family's financial matters can be kept under wraps. There's a reason I'm not thrilled ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. When you work hard your entire life to accumulate ...

Estate planning provides for the smooth handling of your assets after death. However, only around 32% of American adults have a will, indicating that most people haven’t taken the appropriate steps to ...

Trust & Will is an online estate-planning platform that guides users through the will-making process through simple question-and-answer prompts. It provides state-specific instructions for wills and ...

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 ...

We are in the process of doing the whole will/living trust/estate planning thing. <BR><BR>I was under the impression that trusts are named "The John and Jane Doe Living Trust" or something equally ...