Some people prefer to use trusts as their main method of estate planning for various reasons, including the ability to avoid the long delay that probate may cause in distributing assets to beneficiaries. Those who use trusts often transfer titles to the property and assets they wish to distribute through the trust during their lifetimes.… [Continue Reading]
Top 6 Differences Between Irrevocable and Revocable Trusts
You’ve finally made the decision to create a trust for yourself and your family but you come to a fork in the road: the irrevocable versus the revocable trust. Wait, what?! What’s the difference? While similar in concept, the differences are both critical and key to making an informed decision about the best device available… [Continue Reading]