Do I Lose Control of My Assets in a Living Trust?

Do I Lose Control of My Assets in a Living Trust?

In a revocable living trust you absolutely do not!  You keep full control.  As the trustee of your trust you can do everything you could do before, including buying, selling, investing, etc.  You can make changes or even canels your trust, that’s why it is called a...
What Happens If I am Alive But Cannot Communicate?

What Happens If I am Alive But Cannot Communicate?

Contemplating incapacity can be as anxiety-inducing as thinking about death. The following estate planning tools can ensure that you do not end up in legal limbo due to a mental or physical disorder that renders you unable to manage your affairs or make decisions. A...
Revocable Trust vs. Irrevocable Trust:  Which Is Best for You?

Revocable Trust vs. Irrevocable Trust: Which Is Best for You?

A properly funded trust allows you to avoid probate, minimize taxes, provides organization, maintains control, and provides for yourself and your heirs. In its most simple terms, a trust is a book of instructions wherein you tell your trusted people what to do, when....