YES. In fact, people who create most Living Trusts act as their own trustees. If you are married, you and your spouse can act as … [Read more...] about If I set up a Living Trust, can I be my own trustee?
The possibility of a disabling injury or illness scares me. What would happen if I were mentally disabled and had no estate plan or just a Will?
A: Unfortunately, you would be subject to “living probate,” also known as a conservatorship or guardianship proceeding. If you become … [Read more...] about The possibility of a disabling injury or illness scares me. What would happen if I were mentally disabled and had no estate plan or just a Will?
What’s the difference between having a Will and a Living Trust?
A Will is a legal document that describes how your assets should be distributed in the event of death. The actual distribution, however, is … [Read more...] about What’s the difference between having a Will and a Living Trust?
If I don’t create an estate plan, won’t the government provide one for me?
YES. But your family may not like it. The government’s estate plan is called “Intestate Probate” and guarantees government interference in … [Read more...] about If I don’t create an estate plan, won’t the government provide one for me?
Why do I need an estate plan?
Most of us spend a considerable amount of time and energy in our lives accumulating wealth. With this, there comes a time to preserve wealth … [Read more...] about Why do I need an estate plan?
