One of the most effective tools in the estate planning process is a trust, which can offer significant advantages-including the ability to bypass the often lengthy and costly probate process. Trusts, ...

Editor’s note: This is part one of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for asset ...

Avoiding probate and retaining control over the distribution of your assets are two key benefits of using a living trust as part of your estate plan. With so many misconceptions around trusts, it's ...

Q: A friend recently had to deal with her father’s estate. Most of it was subject to probate, which cost the family quite a bit. What could he have done to reduce the cost? – J.K., Deltona A: Attorney ...

IF YOU HAVE EXPERIENCED probate, then you know first-hand why many individuals wish to avoid it. Traditionally, the probate court serves an important function in supervising the administration of the ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. About 70% of U.S. adults don’t have a will or trust, according to ...

A: A person who creates a modern New Hampshire estate plan using a revocable trust (or living trust) can avoid probate administration and provide privacy for the family. Unlike many assets owned by ...

Q. How can we avoid probate and reduce the estate tax for our beneficiaries, who are our two adult children? We know about payable on death (POD) bank accounts. Is it better to put our two houses in ...

Here’s my stance: most people misunderstand trusts. A revocable living trust is not a lawsuit shield while you’re alive. It ...