While a revocable living trust is a common estate planning tool for avoiding probate, using a trust is not the only way to avoid probate. To be clear, we prepare many, many living trusts. Family trusts are the foundation of perhaps…
Transferring Mortgaged Real Estate to Your Living Trust If you own a home and are setting up a revocable living trust, you will want to transfer your home to the newly created trust. If there is a mortgage on the…
The Family Trust: Top 3 Reasons Probate Wasn’t Avoided While it is true that a properly funded and properly drafted revocable living trust will avoid the probate process, there are several reasons why probate isn’t always avoided. Here are some…
It is often reported that the majority of Americans do not have a Last Will and Testament, and I expect those in Nevada are no better. That leaves many with the question: What if I die without a Will? And…
Many people have questions about testamentary trusts and are not sure what they are or how they are different from the more common living trust. This post will explain what a testamentary trust is, how it differs from the living…
