Importance of a Living Trust

Importance of a Living Trust

Most know how critical it is to create a last will and testament when estate pre-planning. Despite its name, however, a will isn’t the final document you need to ensure a smooth transferal of your earthly possessions to the next generation. Here’s a look at how a living trust smooths the way for the...

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Do I Need a Living Trust?

Do I Need a Living Trust?

By C.D. Crowder Everyone has heard of wills. However, how many know about living trusts? In fact, until recently, I never knew they existed. So what exactly is a living trust you may ask. Put simply, it is a written legal document that partially replaces a will. Will you need one though? That’s the ...

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A Living Trust or Will?

A Living Trust or Will?

When estate pre-planning, most Americans are familiar with the importance of having a last will and testament. Did you know that without naming a revocable living trust, your family may experience the dreaded-probate process? According to the American Association of Retired Persons, probate is the l...

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Should You Choose a Will or a Living Trust?

Should You Choose a Will or a Living Trust?

The estate you leave to your loved ones consists of real estate, personal property such as vehicles, and any other assets you might have.  Unless you leave specific instructions on how you wish your estate to be distributed when you die, the state will decide who inherits your possessions.  It&#8217...

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