If you are interested or considering setting up a living trust, there is a lot to know before you get started. The good news is, there are lawyers who can help guide you through the process as well as explain any laws you need to know. If you’re just looking for a place to start then this video is for you.
In this video, you will learn everything you need to know about setting up a living trust, including how to do it, important information you’ll need to know, and how it can benefit you.
Setting up a living trust can help you avoid probate for your family that comes with a will. Wills should not be a primary form for passing on your estate. It can be a great backup, but a living trust will benefit you much more. A living trust can even dictate how the assets get distributed, not just to who, so that you have ultimate control over a period of time.