Legal Tips

Here is part two of my four-part series of articles dedicated to providing you, the community, with information regarding basic estate planning documents, forms, and what to do with the information. In this article I talk about Living Trusts and the ways they can benefit you.

WHAT IS A LIVING TRUST?

A Living Trust is a legal document by which you can transfer your assets to yourself or another person as "trustee," to manage your assets for your benefit, or for the benefit of any person you direct. In most cases, you will create the Living Trust and name yourself as trustee to manage your own a...