Estate planning is a legal term which means a plan that a person has made, prior to death, which clearly and succinctly sets out how the person would like their assets distributed to their heirs and creditors upon their death. Estate planning usually comes in the form of a Will or a Trust. Speaking with…
Category: Probate
Utilizing a Living Trust
A Living Trust is a contract between you and your heirs in which you specify what you want done with your assets after your death. You can change the terms of the Trust at any time while you are alive and you will have complete control over your assets during your life. During your lifetime,…