Living trusts are powerful tools that can help protect client assets and make estate administration easier for families.

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. When you work hard your entire life to accumulate ...

How does it work? What is the purpose of a revocable living trust? The primary role of this type of trust is to provide a comprehensive framework for managing and distributing assets, both during the ...

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 ...

If the goal is to help children bypass probate, a living trust is only part of the strategy, not a catchall bucket for every asset. Some accounts and policies already have built-in ways to sidestep ...

Living trusts provide exceptional flexibilty and control in estate planning. Some trusts can help minimize tax liability, but not every trust offers those benefits. Those features need to be weighed ...

A living trust lets you avoid the costly and lengthy probate process. Information about living trusts isn't available to the public. Living trusts can be changed or revoked entirely while the grantor ...

Estate planning provides for the smooth handling of your assets after death. However, only around 32% of American adults have a will, indicating that most people haven’t taken the appropriate steps to ...

Q: I placed my condo in a living trust for estate purposes. I am the beneficiary of the trust and I can amend, add and remove ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Trusts are common, but there are numerous variations, and there ...

Sometimes, not always, when a person dies — even if they left a will — a legal process called probate ensues. Probate is ...