Wills, Trusts; Dying Intestate: How They Differ
Most people understand that having some sort of an estate plan is, as Martha Stewart would say,
a “good thing.” However, many of us don’t take the steps to get that estate plan in place because
we don’t understand the nuances between wills and trusts – and dying without either.
Here’s what will generally happen if you die, intestate (without a will or trust), with a will, and
with a trust. For...
What is a Living Trust?
WHAT IS A LIVING TRUST?
An orange county estate planning attorney can help make a revocable trust part of your estate plan
A revocable trust (commonly called a living trust) is a part of an estate plan that helps minimize estate taxes and probate expenses.
A trust is a fiduciary arrangement that allows a trustee (yourself or a third party) to hold assets on behalf of a beneficiary. There...