My Husband Did Not Have a Revocable Living Trust.
June 14, 2017A Scenario about Revocable Living Trusts My Husband Did Not Have a Revocable Living Trust. Why do I need revocable living trusts? If my husband only had a will and there were no big problems when he passed away isn’t that enough? This specific situation would need to be reviewed by your professional advisors-they might… Read more »
I’ve Been Told That Even if I Plan with a Revocable Living Trust, I’ll Still Need Something Called a Pour-Over Will. What is That?
February 28, 2017Questions about Revocable Living Trust I’ve Been Told That Even if I Plan with a Revocable Living Trust, I’ll Still Need a Pour-Over Will. The Pour-Over Will serves as a safeguard in case an asset gets left outside of your trust. It’s not uncommon to find that in the process of funding a trust (changing… Read more »
One of My Professional Advisor Says I don’t Need a Revocable Living Trust
February 24, 2017My Professional Advisor Says I don’t Need a Revocable Living Trust It’s not uncommon for a professional advisor such as attorney, financial and insurance advisor or CPA to think of estate planning as pertaining only to finances, avoiding probate, or reducing taxes. That is the focus of the training most have experienced. Therefore if you… Read more »