A family trust can be a powerful tool—but it’s not right for everyone.

Being either a successor trustee or an executor is often a big commitment that may last for years. You’ll be required to ...

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 ...

A living trust often allows you to forego the probate process, which can be time-consuming. There is more privacy involved with a living trust than with a will. Creating a will can be a more ...

Creating an estate plan is crucial for everyone over the age of 18, yet few Americans are making it a priority. A recent survey by elder care site Caring.com found 64% of Americans believe having a ...

Probate, which is the process of transferring your assets after you’ve died, can be time-consuming and expensive. Kelsey Simasko — attorney at Simasko Law in Mount Clements, Michigan — explained that ...

Think estate planning is only for the wealthy? Think again. In this episode of the HerMoney Podcast, Jean Chatzky sits down ...

Living trusts allow you to avoid the probate process, which can be expensive and lengthy. A will is easier to set up and maintain than a living trust. Living trusts may make more sense for public ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Throughout my life, I've always heard that it's better ...