by hoodlawkc | Living Trust, Estate Planning, Will
The use of a Revocable Trust (or living trust) in estate planning as the best Will substitute. This post builds on the information you may have read in the previous posts. Before examining the use of a revocable living trust, it is important to dispel a few...
by hoodlawkc | Living Trust, Business Planning, Estate Planning, Will
There are numerous advantages for a living trust for a grantor’s lifetime. The advantages and descriptions will help you better understand how a living trust can be of benefit to you. Property Management— Most middle-aged grantors that establish a living trust...
by hoodlawkc | Living Trust, Estate Planning, Will
There are two basic types of revocable living trusts for you to consider as a part of your estate plan. Self Declaration Revocable Trust The first is the so-called self-declaration of trust. With this type of living trust, the grantor in the trust document declares...
by hoodlawkc | Estate Planning, Living Trust
The use of a revocable trust in estate planning has two major advantages: 1) it is by far the most effective tool to assist an individual during the latter stages of his or her lifetime with the management of his or her property, especially when the individual is...
