Being either a successor trustee or an executor is often a big commitment that may last for years. You’ll be required to ...

As executor, you’ll be required to manage the trust assets, pay final bills and creditors and communicate with beneficiaries.

California living trust laws govern how residents can create and manage trusts to hold their assets, potentially bypassing probate-a court-supervised process for transferring property after death.

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning isn't always a walk in the park, but ...

A living trust often allows you to forego the probate process, which can be time-consuming. There is more privacy involved with a living trust than with a will. Creating a will can be a more ...

Dear Liz: Is naming a beneficiary for a nonretirement, “payable on death” account as effective as putting the account in a living trust? It seems easier than doing all the paperwork each time I open ...

Dear Liz: My husband and I made a living trust in 2004. He died in 2018, so his half became irrevocable. But while we were settling his estate, no one mentioned (though I can see clearly in the 2004 ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Avoiding probate and retaining control over the distribution of your assets are two key benefits of using a living trust as part of your estate plan. With so many misconceptions around trusts, it's ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Throughout my life, I've always heard that it's better ...

Living trusts don't have to go through the probate process. The details of a living trust are not a part of the public record. Living trusts are also known as revocable trusts because they can be ...