What is a living trust vs a will?

Unlike a Will, a Living Trust is the legal owner of any property and assets you fund it with. This property does not have to go through the probate process because you’ve moved it out of your personal estate and into the Trust. You still get to maintain control of this property during your lifetime.

What is a living trust & how does it work?

A Living Trust is a legal document that allows you to arrange how your property will be distributed after your passing. Similar to a Will, you can decide who will inherit that property, including loved ones and organizations that you want to support. Unlike a Will, a Living Trust is the legal owner of any property and assets you fund it with.

Are living trusts more expensive than a living trust?

A lot of estate planning lawyers have paid for their luxurious lifestyles by leading clients down the wrong path, which is probate. If you challenge one of these estate planning lawyers on this topic, they might state that a living trust is more expensive, but that’s only the case upfront.