2025年1月28日 · Trusts are divided into two main categories: living trusts and testamentary trusts. Understanding the difference between these two types is the first step in deciding which one best suits your needs and aligns with your estate planning goals.

2024年11月13日 · Will vs. Trust: Which Is Right For You? A will is a legal document that provides instructions for distributing property to beneficiaries after death. A trust is a legal structure that allows an...

A trust allows you to protect and pass on assets. There are many different types of trusts, from revocable living trusts to testamentary trusts.

2024年4月8日 · Trusts play a very important role in the estate planning process, but there are different types, and you need to know which ones make sense for you to use when planning your legacy. This guide...

Many consumers and professionals now prefer a living trust instead of a will because it avoids probate at death and a court conservatorship/guardianship at incapacity.

2023年5月2日 · In a prior post, we showed flowcharts for many of the more standard estate plans clients use. They included a flowchart for estate tax planning that uses so-called QTIP trusts. This is the plan we use with most clients because it provides the most flexibility for surviving spouses. Here’s what it looks like: Standard Estate Tax Plan (QTIP Trusts)

There are numerous types of trusts, but this article shall only address revocable living trusts since it is the most common type of trust. The decision tree chart below of this author could differ depending on the individual circumstances.