David F. Powell, professor, Florida State University School of Law, and Tye J. Klooster attorney, Katten Muchin Rosenman LLP, Chicago These are the sample trust form provisions referenced in the ...

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 ...

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 ...

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 ...

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 ...

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 ...

There are certain benefits a living trust offers over a will. Living trusts aren't right for everyone, and there can be higher up-front costs. It's best to work with an estate-planning attorney to see ...

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 ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. A living trust is a legal document that directs the ...