A living trust can help you to manage your assets during your lifetime and beyond. A will, on the other hand, is specifically designed to allow you to direct the distribution of your assets after your ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. When you work hard your entire life to accumulate ...

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 ...

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 ...

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 ...

Estate planning is an important part of financial planning which involves making arrangements to transfer a person's assets when they die. Living trusts and living wills are two legal documents ...

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 ...