A living trust is a smart way to pass wealth down to a younger generation, but this method can make access to certain accounts difficult.

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

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 ...

A living trust is a legal document you set up while you’re alive to ensure that the assets you put in the trust, such as real estate, stock and bond holdings, CDs, and jewelry, are distributed in the ...

Dear Liz: Is there a minimum amount of assets required before a revocable living trust is advisable? I am retired but my wife is still working. If we do not include our 401(k) plans, our total liquid ...

Most people should have a will, but a living trust can help keep your assets from going through probate. Many, or all, of the products featured on this page are from our advertising partners who ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

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 ...

A risk exists when you own an asset, such as investment real estate or an airplane. Someone might slip and fall on your property and sue you, or the airplane might be involved in an accident. To ...

When Jacqueline Kennedy Onassis died in 1994, reporters around the globe had a field day. Jackie, who had valued her privacy, left a will, and a will is open to the public. Suddenly, the snoopy press ...