Once a Living Trust is created, you must ensure that your assets are either owned by you as trustee of your trust (real estate, mutual funds, savings accounts, etc.) or name the trust as a primary or contingent beneficiary (life insurance, retirement funds, etc.). That means that you must transfer all your assets, like the title of your home, into the name of the Living Trust and name the Living Trust as the beneficiary of things like your life insurance, retirement fund, etc.
Who may act as my agent under a Durable Power of Attorney?
In general, an agent may be anyone who is legally competent and over the age of majority. Most individuals select a close family member such as
What is so bad about Probate?
There are number of challenges with Probate. First of all, it’s costly. For example, Probate fees to simply change title to real property from your name
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