Understanding Living Trusts®

How You Can Avoid Probate, Save Taxes and More

Estate Planning > FAQ Topics > Living Trusts FAQs
  1. I have a will. Why would I want a living trust?
  2. What is probate?
  3. What's so bad about probate?
  4. Doesn't joint ownership avoid probate?
  5. Why would the court get involved at incapacity?
  6. Does a durable power of attorney prevent this?
  7. What is a living trust?
  8. How does a living trust avoid probate and prevent court control of assets at incapacity?
  9. Do I lose control of the assets in my trust?
  10. Is it hard to transfer assets into my trust?
  11. Doesn't this take a lot of time?
  12. Should I consider a corporate trustee?
  13. If something happens to me, who has control?
  14. What does a successor trustee do?
  15. Who can be successor trustees?
  16. Does my trust end when I die?
  17. How can a living trust save on estate taxes?
  18. Doesn't a trust in a will do the same thing?
  19. Is a living trust expensive?
  20. How long does it take to get a living trust?
  21. Should I have an attorney do my trust?
  22. If I have a living trust, do I still need a will?
  23. Is a "living will" the same as a living trust?
  24. Are living trusts new?
  25. Who should have a living trust?
  26. Summary of Living Trust Benefits

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