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What are the Disadvantages of a Living Trust?

A living revocable trust is a popular estate planning tool, but it does have some drawbacks. One of the main...

Why Creating a Trust is Better than a Will

Trusts are often used in estate planning as they provide a more efficient and faster way to transfer assets to heirs...

The Pros and Cons of Trust Funds

Trust funds are a great way to ensure that your assets are managed and distributed according to your wishes after you...

Who controls assets in a trust?

Legally, your trust now owns all of your assets, but you manage all the assets as a trustee. Trust funds are legal...

The Benefits of Setting Up a Trust: Why You Should Consider It

Setting up a trust can be a great way to ensure that your assets are distributed according to your wishes and that your...

Does a Trust Fund Make Money?

Trust funds are legal entities that provide financial, tax, and legal protection to individuals. They require a grantor,...

How long does a trust last?

A legal concept called the “rule against perpetuity” prevents a trust from remaining active indefinitely. California...

Why Use a Trust Instead of a Will? A Comprehensive Guide

A Living Trust Can Help You Avoid Probate in Michigan, But a Will Doesn't. A living trust is a private document that does ...