Living trusts can help your heirs avoid probate. A living trust can typically be updated while you're still alive. They can be more expensive than wills. This legal document gives you flexibility and ...

California living trust laws govern how residents can create and manage trusts to hold their assets, potentially bypassing probate-a court-supervised process for transferring property after death.

Learn how trust funds work, their benefits, and the differences between revocable and irrevocable funds. Understand how they manage and protect assets for beneficiaries.

A living trust won't be for everyone, but it can provide big benefits for some. Many people use a living trust for one big reason: avoiding probate. But there are other reasons you should seriously ...

Q: My parents recently created a living trust and have named me as successor trustee. What exactly are my duties as successor trustee? A: If you have ever seen a revocable living trust, you know how ...

Dear Liz: My friend died unexpectedly. I am helping her stepson, who is the successor trustee for her living trust, to get the estate settled. Her estranged son was a beneficiary on her main checking ...

Putting a home into a trust can be part of an estate plan and may help transfer the property to heirs with fewer delays. A ...

Dear Liz: My older brother and his wife recently told me they made me the executor of their living trust. I have no experience with this. They live in Maryland and I’m in California. Can you please ...

An important estate planning decision that you could face when setting up a living trust is choosing a trustee or trustees to oversee it. Appointing multiple trustees can enhance the management of ...

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 ...

These days, it’s not unusual for a client to use a trust instead of a will for their estate planning. Trusts offer a range of benefits, including asset protection, privacy, and efficient distribution ...

When people hear the words “living trust,” they often picture someone with sprawling estates, luxury cars and a multimillion-dollar portfolio. I totally get it. As a financial professional, I’ve lost ...