By: GarrettLawWA | 2011-02-02 | Law Trusts, both revocable and irrevocable, offer a variety of options that allow you to tailor your estate plan to your specific needs and desires. If you have an estate that extends beyond a basic Last Will and Testament, you should understand the differences between these two types of Trusts read more
By: Robert Kulas | 2011-03-22 | Internet law The reason for having an incapacity plan is so that you and your family can avoid the unpleasant process known as Living Probate read more
By: David J. Willis | 2010-04-02 | Real Estate A living trust (also called an "intervivos trust") is a specific kind of land trust designed to hold property (primarily real estate) during the life of the trustor in order to avoid probate and reduce estate/inheritance taxes at the time of the trustor's death. read more
By: Dennis Gac | 2010-11-11 | National, state, local What is the difference between a will and a living trust? In a will, you can state how you want your property to be distributed to your chosen beneficiaries, and the affairs will be handled after your death. It is somehow similar to but different from a living trust, which can already benefit you while you are still alive. read more
By: Joanne Fanizza | 2010-03-30 | Law Is the living trust right for you? The revocable living trust has gained superstar status in certain circles lately, and it certainly has its advantages. But it also has its disadvantages. What the pundits recommend may not be the best course of action for you or your loved ones. Learn more about this estate planning tool, its pluses and perils. read more
By: Jon Schiewe | 2010-04-01 | Real Estate Clients often ask this question. The answers may surprise you. You may find you do not need one, but most people do. read more
By: AndersonLawNV | 2011-01-22 | Law Are you wondering if a Trust could help your family avoid probate after your death? A Revocable Living Trust is a legal document that can be used to accommodate the control of your property and financial assets. As trustee, you manage your trust assets while you are alive and in good health. If you become disabled or deceased your trust will pass to your specified successor trustee read more
By: Peter Andersen | 2011-06-14 | Real Estate A trust is a special type of written document that legally determines how an individual's property should be supervised and distributed during his/her lifetime and eventually upon death. To be exact, a Revocable Living Trust generally involves three parties: the settlor, the trustee, and the beneficiary. read more
By: Ross Exon | 2010-03-27 | Law Would you like to know what experts say is the must have documents people need to ensure that their estates don't wind up mired in probate? Do you realize having only a will is not enough? Regardless of the size of you estate, a living trust is essential. Our greatest gift to our loved ones after we leave this world is to make sure they have easy access to the assets you have passed on to them. This is the only document that can transfer these assets to them without expensive attorney fees, long delays in court, and avoiding state involvement. read more
By: Dennis Gac | 2010-11-11 | National, state, local A living trust is quite similar to a will. Like a will, you can name specific beneficiaries or heir/s to your property and assets after your death. But unlike a will, a trust can already benefit you while you are still alive. There is also the freedom to create a joint living trust as well, which is, basically, the assets of husband and wife combined together in a single trust governed by a single trust document. But, like a will, creating a trust also requires certain requirements and... read more
By: Mitchell Miller | 2010-04-03 | Real Estate An attorney in Los Angeles was referred a new client - the estate of a doctor who died very unexpectedly. Before he died, the doctor had a very sophisticated law firm prepare his estate plan - his revocable trust was 64 pages long! And, yet, the law firm forgot to think of one of the most obvious things: transferring his medical practice into the trust. read more
By: SchneiderLawOR | 2011-01-11 | Law A living trust is a powerful estate planning tool, and we discuss four reasons a family should consider using this tool within their estate plan.To review how a living trust works: read more
By: Richard Schneider | 2011-01-11 | Internet law --------------------- A living trust is a powerful estate planning tool, and we discuss four reasons a family should consider using this tool within their estate plan.To review how a living trust works: read more