Estate Planning
What is the primary purpose of a living trust?
The main advantage of using a living trust is avoiding probate court, which means your beneficiaries can access the assets as soon as you die. Helpful hint: The assets in a trust account can still gain value, such as rental income from properties or capital gains from money market investment accounts.
Make sure your Prepared
the reasons you should have a will is? With a will, you can direct where and to whom your estate (whatever you own) will go after your death. If you died intestate (without a will), your estate would be distributed according to your state's law. Wills make the administration of your estate run smooth, therefore limiting the added stress, to your love ones.
Make sure your Prepared
the reasons you should have a will is? With a will, you can direct where and to whom your estate (whatever you own) will go after your death. If you died intestate (without a will), your estate would be distributed according to your state's law. Wills make the administration of your estate run smooth, therefore limiting the added stress, to your love ones.