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Dear Penny, I’ve recently purchased a house; it’s only in my name and really my only asset. I have three grown children; two who live with me and pay rent and one who’s married and owns her ...
Deciding the best way to leave money to a heir can be complicated. When the choice is between naming someone as a beneficiary of an account or putting the account into a living trust, the trust ...
He has done the homework for you: Here are five things to consider as you structure your living trust. Probate explained: Best not go there Many folks don’t even know what the word “probate ...
One way to avoid this issue is to name the living trust as a beneficiary on the retirement account. Any funds in the account transfer to the trust upon your death and are distributed to other ...
A living trust is a legal setup that allows an individual or couple to specify how their assets should be distributed after they pass away. Also known as a revocable trust, it can be adjusted or ...
And if you like the idea of protecting your family's privacy, then I suggest that you meet with an estate-planning attorney to discuss your options for setting a living trust up.
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