You and your spouse or partner are probably trustees for your living trust. But you may want to formally designate a family member as a successor trustee to take on this role on your behalf should ...

Commissions do not affect our editors' opinions or evaluations. A living trust lets you transfer assets outside the probate process. Assets in a living trust count as part of your estate for ...

A revocable living trust (RLT) is one solution that allows you to maintain some control over your money—even after passing. A revocable living trust is a trust document created by an individual ...

There are two basic types of trusts: living trusts and testamentary trusts. A living trust or an "inter-vivos" trust is set up during the person's lifetime. A Testamentary trust is set up in a ...

Text Callout : key takeaways - senior living checklist There are several things ... You should also trust your instincts, O’Brien advises. Does the facility “feel” right?

A living trust is a legal arrangement in which you control your assets as long as you're alive. A major benefit to a living trust is avoiding probate. Depending on the assets you have, you may not ...

Which brings us to revocable living trusts, which create an avenue to pass your assets with ease after your death. There are several benefits of creating a trust. The chief advantage is to avoid ...

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 ...

Opinions expressed by Forbes Contributors are their own. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Trusts are common, but there are numerous variations, and there is still ...

This 12-step senior living checklist can help you break down the ... and fire safety systems clearly in place? You should also trust your instincts, O’Brien advises. Does the facility “feel ...

To that end, you may be considering a living trust as a means of passing on an inheritance to the people you love the most. A ...