When it comes to estate planning in the state of California, creating a living trust may be in your best interest. In most cases, a living trust allows your estate to avoid having to pass through probate. Using this form of estate planning can also benefit you and...
trusts
What Is a Special Needs Trust?
There are different types of trusts that you can create that serve different purposes. One type of trust that is useful under certain circumstances is a special needs trust. A special needs trust is a trust that allows a disabled person to benefit from it, while still...
What You Need to Know About Revocable Trusts
Estate planning can be a complicated process, but it is well worth it to have the peace of mind of knowing that your assets will be distributed according to your wishes after you pass. There are many different forms of estate plans you can use, and your individual...
What is the Difference Between a Revocable Trust and an Irrevocable Trust?
When it comes to estate planning, some people are hesitant to get started because they are not sure where to begin. One concern many people have is whether or not they should create a trust; and if so, what type of trust they should create. There two main types of...
Five Reasons You Should Set Up a Trust
A trust is one of the many forms of estate planning available. Many estate plans can benefit from including a trust. There are two main types of trusts to choose from. These options include a revocable trust, which can be modified, and an irrevocable trust, which...
What is a Trust Administrator?
A trust administrator is a person or organization who has been designated to take care of the trust assets on behalf of the beneficiaries. The trust administrator may be someone specific who has been given this duty, or it may be an organization such as a bank, or a...
What to Keep in Mind When Setting Up Your Trust
There are many things to consider when you begin estate planning. You will need to decide what type of estate plans you want to include, such as whether you want to include a trust or just a will. If you choose to include a trust, you will have to decide whether you...
Benefits of a Living Trust
When choosing what estate plan is best for you, one of the things you should consider is a living trust. A living trust, also commonly known as a revocable trust, is a form of estate planning in which assets you choose are placed within a trust for your own benefit...
Which Type of Trust is Right for You?
When you are going through the estate planning process, you will find that there are many things to consider. When it comes to setting up a trust, there are many different options. You will need to consider the pros and cons of each type of trust in order to choose...