A living trust is a legal document you set up while you’re alive to ensure that the assets you put in the trust, such as real estate, stock and bond holdings, CDs, and jewelry, are distributed in the ...

Living wills and living trusts can both be useful tools for estate planning. Though they sound similar, they each serve a very different purpose. A living trust is something you might consider for ...

A revocable living trust can help you protect privacy, avoid probate and protects you in case of incapacitation. But you will also have some limitations. That's because revocable living trusts can be ...

Living trusts can help your heirs avoid probate. A living trust can typically be updated while you're still alive. They can be more expensive than wills. This legal document gives you flexibility and ...

Related: What Is a Trust Fund and How Do They Work? What types of living trusts are available? There are several types of living trusts, each with unique features and benefits. However, the two main ...

As you approach or enjoy retirement, protecting the wealth you've accumulated throughout your career becomes a top priority. You've spent decades in government service building up your Thrift Savings ...

Q: How do I go about getting my house into our trust? Do I need to contact the person who did the trust for us? Do I need to use the attorney who set up the trust? Do I even need an attorney to do ...

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 ...

Unlike a will, a living trust does not go through probate, which can save time and reduce legal costs. This can help ...

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 ...

Wills and living trusts can serve the same purpose, but differently. Wills are generally simpler and less expensive than trusts. They are not mutually exclusive. You may want both. There's more than ...