Category Archives: Living Trusts
What Happens to My Property Put into A Living Trust?
When you pass away, the court reviews your estate planning documents, including a will and any trust established to determine what happens to your property. If you pass away without a will, the state then determines what happens to your property. Although you don’t have to use a trust to transfer property to future… Read More »
How To Use a Trust to Minimize Taxes
Taxes can have one of the most significant impacts on your intentions with estate plans. This is especially important as you contemplate incapacity issues. If you no longer are able to manage your financial assets, this brings important questions to the surface about who is responsible for those assets. Trust planning becomes crucial in… Read More »
Who Owns the Property Inside A Living Trust?
There are many different complex terms and rules associated with estate planning, but it is critical to understand when you may or may not own property once it has been placed in a living trust. Property placed inside a revocable living trust still belongs to you unless you retitle it properly. This is, unfortunately,… Read More »
Tips for Naming Your Living Trust
You know that you want to set up a living trust and have already established a relationship with an experienced estate planning attorney to help you get there. Your living trust enables you to transfer property to the charities and people of your choice without having them go through the probate court supervised process…. Read More »
Are Living Trusts Only for the Wealthy?
All too often, people miss out on valuable estate planning opportunities because they fall for myths that they heard from someone once or did not properly investigate. The only reliable source for estate planning information is an experienced estate planning lawyer who has a track record of assisting people with the proper structure of… Read More »