This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Thorough financial planning involves many things.

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. The recent deaths of actor Gene Hackman and his wife Betsy Arakawa ...

A living trust, also called a revocable trust, is a widely used estate planning tool that allows individuals to manage and control their assets during their lifetime and determine how those assets ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. If you’re thinking about creating a Living Trust in ...

Estate planning provides for the smooth handling of your assets after death. However, only around 32% of American adults have a will, indicating that most people haven’t taken the appropriate steps to ...

As trusted advisors to your clients, you likely field questions about estate planning strategies and whether living trusts make sense for their situations. Understanding the fundamentals of revocable ...

A trust is used to control how assets transfer after death. When the grantor dies, the trust becomes an active legal entity.

The probate process can often be expensive and time-consuming. The details of a private trust aren't accessible to the public like they are with a will. Living trusts can be changed or revoked ...

Living trusts don't have to go through the lengthy and expensive probate process. The details of a living trust are not a part of the public record. Living trusts can be revoked or changed while ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning isn't always a walk in the park, but ...