Author name: zak

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 […]

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 to your heirs upon your death would be approximately $22,000. Since all decisions regarding your family and assets may be left up to the court, not only can it take a

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 a spouse, sibling or adult child, but any person such as a friend or a professional with an outstanding reputation for honesty would be ideal. You may appoint multiple agents