One thing about life is certain for everyone, our days are numbered. How will your family deal with your passing? This blog is designed to provide information and answer questions about estate planning and the probate process - how it works and how to avoid it.
Friday, December 14, 2018
Estate Planning Mistakes - Not Making Use Of A Living Trust
This is part four of the 7 part Forbes Estate Planning Mistakes.
Forbes: Estate Planning Mistakes Series - Part 4 , Not Making Use Of A Living Trust
Anymore, there are very few exceptions why somebody would not need a living trust. With a trust, your assets are held under your control (generally, if revocable), for your benefit during your lifetime, and upon death, transfer to your beneficiaries without Court involvement. Should you be eligible and need long-term care paid for by Medi-Cal, a living trust also protects your assets from Medi-Cal recovery.
There is no downside to having a living trust. For a more in depth discussion, contact me anytime.
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Attorney,
Estate Planning,
Lawyer,
Living Trust,
Probate,
Will
Location:
Redding, CA, USA
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