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Trusts aren't only for wealthy individuals, they are for blended families, families with young children, and people who want to avoid probate.
There is a lot of misinformation that surrounds wills, trusts, powers of attorney, and advance directives, but these are the most common. I have a will. I don’t have to go through probate. Unfortunately, this is a common misconception. A will does not avoid probate, but it makes the probate process easier. Probate is the [...]
I have many people tell me why they don’t need a will, or how they explained everything to their family so there is no need to write it down. This is the overwhelming belief with regards to wills and other estate planning documents. Unfortunately, telling your children how you want your estate to be distributed [...]