Understanding Legal Terminology of Deeds

Understanding Legal Terminology of Deeds

A key reason DIY deeds fail is a misunderstanding of how various legal terms dictate property ownership. Simply adding a name to a deed is insufficient; the vesting (the legal status of the title) determines whether probate is avoided. There are different forms of...
What Happens to Accounts and Property Left Out of Your Trust?

What Happens to Accounts and Property Left Out of Your Trust?

What Happens to Accounts and Property Left Out of Your Trust? For many people, avoiding a conservatorship or guardianship during their lifetime and probate at their death are the main reasons they set up a revocable living trust. You may believe that once you sign...
Do I Need a Will or a Trust?

Do I Need a Will or a Trust?

Yes, everyone needs a will, a trust, or both. These important tools ensure that your legacy will be carried out according to your wishes and allow you to provide for loved ones after your passing. A properly prepared trust can also help avoid probate, which is a...