A living trust is a legal arrangement established during an individual's lifetime to hold assets that will be distributed after death and that bypass probate.

A living trust could help your beneficiaries avoid an annoying probate process down the line. But setting one up may be more costly and time-consuming than simply writing a will.

A living trust is a legal arrangement that you can use to help transfer property to loved ones and protect assets in case of incapacity. Learn more here.

Millions of U.S. homeowners and real estate investors hold title to their houses, condos and investment property in living trusts. Why? In a nutshell, there are only two major advantages of doing so.

4. Vehicles. Since most people don’t own the same vehicle for a long time, it doesn’t make sense to include yours in your ...

Living wills and living trusts can both be useful tools for estate planning. Though they sound similar, they each serve a very different purpose. A living trust is something you might consider for ...

Living trust vs. a will: What’s the difference? Wills and trusts are both used for estate planning, but they have big differences you should know about.

A living trust actually is much more akin to what you might think of as a will, if what you're thinking of is a last will and testament. The latter is a legal document in which you lay out how you ...

A living trust, for example, won’t help you reduce your estate taxes, says Drozdowski. Nor will it enable you to sidestep all legal fees, as there are costs involved in drawing up the document.

However, there are several assets that should not be placed in a living trust. 1. Qualified Retirement Accounts.

Once a living trust is established, it must also be maintained over the years. You may need to add new assets to the trust, remove assets, or update its terms.