Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer.
Estate planning is a crucial aspect of financial management, the end game that ensures your assets are distributed according to your wishes. Among the myriad options available, a living trust often emerges as a popular choice.
A living trust, also known as a revocable trust, allows you to transfer assets into a trust during your lifetime and manage them as the trustee until your death or incapacity.
Source Fool.com