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Understanding Living Trusts

August 25, 2017

Summary of Living Trust Benefits

• Avoids probate at death, including multiple probates if you own property in other states • Prevents court control of assets at incapacity • Brings all of your assets together under one plan • Provides maximum privacy • Quicker distribution of assets to beneficiaries • Assets can remain in …

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August 25, 2017

Who should have a living trust?

Age, marital status and wealth don't really matter. If you own titled assets and want your loved ones (spouse, children or parents) to avoid court interference at your death or incapacity, you should probably have a living trust. You may also want to encourage other family members to have one …

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August 25, 2017

Are living trusts new?

No, they've been used successfully for hundreds of years. …

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