Living trusts can include specific instructions that could determine how and when beneficiaries receive assets. This type of trust is an effective tool for streamlining estate planning as it ...

Remember: If you are considering a living trust, consult an estate planning attorney to see if it makes sense for your situation. They're not the best option for everyone. If I Could Tell All ...

Creating a living trust is one of the most effective ways for Idaho residents to ensure their assets transfer efficiently to ...

Most revocable trusts are known as revocable living trusts because they are ... which can greatly simplify and accelerate the estate planning process. Furthermore, all activities relating to ...

To help me understand this more, I spoke with Donna Stefans, an elder law and estate planning attorney. Here are the types of trusts she recommended I consider. 1. A revocable living trust The ...

Understand the complexities of merging inheritance trusts with revocable trusts for Medicaid spend-down protection.

READ MORE: 4 estate planning tax tips ... need the gifted assets for living expenses later in life, one spouse could give assets to a spousal lifetime access trust — or SLAT — for the benefit ...

Healthcare Directives: Do they have a living will or healthcare ... Encourage them to meet with an estate planning attorney. Suggest setting up a trust if it makes sense for their situation.