At what asset level do you need a living trust?

Answer On One Hand: Asset Level is Not The Determining FactorThe main goal of an estate plan is to accomplish the objectives of the individual. No minimum asset level is required to benefit from a living ... Read More »

Top Q&A For: At what asset level do you need a living trust

How to Amend a Living Trust or Change a Living Trust?

A living trust protects your assets and settles the question of who will be receiving what part of your assets after you die. Putting assets in trust can also have some tax benefits. A living, or r... Read More »

Is a living trust a testamentary trust?

A living trust is not a testamentary trust. A living trust--also known as an "inter vivos trust"--takes effect in the maker's lifetime. In contrast, a testamentary will go into effect only after th... Read More »

Does a beneficiary of a living trust have the right to see the trust?

A beneficiary's right to examine a revocable living trust does not exist until the trustor---the person who made the trust---dies. The beneficiary then has the right to request a copy of the trust ... Read More »

What happens to a living trust when you die?

A living trust is a legal creation that exists until it is formally terminated. This means that unless you have instructions to terminate the trust when you die, a trust continues to operate even a... Read More »