Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
Dear Liz: Is there a minimum amount of assets required before a revocable living trust is advisable? I am retired but my wife is still working. If we do not include our 401(k) plans, our total liquid ...
A living trust gives you flexibility while sparing your loved ones the hassle of probate. A living trust can be far more costly and complicated to put in place than a will. Consider whether a living ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
Dear Liz: Is naming a beneficiary for a nonretirement, “payable on death” account as effective as putting the account in a living trust? It seems easier than doing all the paperwork each time I open ...
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I Used to Think a Will Was the Best Way to Pass Down an Inheritance. Here's Why I Now Think a Living Trust Is Better.
Living trusts help you avoid the probate process, which can be time-consuming and costly. Details about a will become part of the public record. A living trust's creator can change or cancel it ...
Dear Liz: A friend of mine contacted an estate planning attorney to do a living trust. The attorney gave her an estimate of $5,900 for this job. My friend is single, never married, no children, does ...
A living trust can be modified while the trustor is still living. Using a living trust helps people avoid the probate process. A will may be the better option for people with simple estates. Living ...
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