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Estate Planning › Trusts › Living Trust

Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the... more +
Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the disposition of assets, guardianship of minor children, and appointment of representatives to make medical and financial decisions. Effective estate planning can decrease tax liability and facilitate the probate process.  less -
Allen Barron, Inc.

What do You Need to Know About A Trust and Why?

Allen Barron, Inc. on

Most US homeowners and business owners understand the importance of an estate plan; they just never seem to get around to completing the task. What do you need to know about a trust? Why are trusts a central component of any...more

Warner Norcross + Judd

Trusts 101: Living or Testamentary; Revocable or Irrevocable; Grantor and Non-Grantor – What Does All of This Mean?

Warner Norcross + Judd on

Trusts are described in multiple ways, including: living or testamentary, revocable or irrevocable and grantor or non-grantor. These terms are not always mutually exclusive. A trust can be living, revocable and a grantor...more

Amundsen Davis LLC

Is it Time to Update Your Estate Plan?

Amundsen Davis LLC on

Things change; a periodic review of your estate plan is an important part of plan maintenance. Your basic estate plan (will, trust, powers of attorney, etc.) can be amended whenever necessary. It’s important to consider your...more

Adler Pollock & Sheehan P.C.

Comparing Inter Vivos and Testamentary Trusts

Adler Pollock & Sheehan P.C. on

Creating and adhering to an estate plan is no simple task. Generally, the end goal of estate planning is to divide up and transfer assets to loved ones at a minimum or zero tax cost. Of course, a will is a good starting...more

Dunlap Bennett & Ludwig PLLC

Basics of Estate Planning

Dunlap Bennett & Ludwig PLLC on

Estate planning is vital to the well-being of every family. Making a will and creating a living trust can ensure that your family is provided for, significantly reduce tax burdens, and make sure these things happen in a way...more

Faegre Drinker Biddle & Reath LLP

Recent Indiana Court of Appeals Decision Illustrates Importance of Clear Estate Planning Documents

Faegre Drinker Biddle & Reath LLP on

Background - Recently, the Indiana Court of Appeals decided the case of Murphy, et al. v. Trustee of Star Financial Bank, et al. The case involved a woman named Janice who had executed a revocable living trust in 1990. ...more

Winstead PC

Federal Court Holds That Trust Beneficiaries’ Claims Against Brokerage Firm Should Not Be Compelled To Arbitration

Winstead PC on

In Freeman v. Fid. Brokerage Servs., LLC, the mother of the plaintiffs executed a living trust agreement. No 3:18-CV-0947-G, 2019 U.S. Dist. LEXIS 34694 (N.D. Tex. March 5, 2019)....more

Smith Debnam Narron Drake Saintsing & Myers,...

It’s All About Trust

Smith Debnam Narron Drake Saintsing & Myers,... on

Trusts are popular estate planning tools people use for a variety of reasons including providing for the long-term management of assets for minor beneficiaries, people with disabilities, or financially irresponsible adults....more

Adler Pollock & Sheehan P.C.

Planning ahead after a divorce

Adler Pollock & Sheehan P.C. on

For those in the middle of a divorce, the last thing on their mind is a review of their estate plan. However, a major life change, such as a divorce, is a critical time to update an estate plan so that wishes are carried out...more

Dickinson Wright

Should Automobiles Be Transferred To A Trust?

Dickinson Wright on

One of the questions I am often asked by clients is, “Should I transfer my automobiles to my revocable living trust?” I generally advise clients not to transfer their automobiles to their revocable living trust. The primary...more

McNees Wallace & Nurick LLC

Are You Considering A Revocable Living Trust?

McNees Wallace & Nurick LLC on

The revocable living trust is often advertised as a “must have” part of your estate plan. While a revocable living trust may be useful in some situations, it is not an estate planning cure all. The following are issues to...more

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