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Posts Tagged 'trust'

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Top 5 Reasons A Trust Is A Good Idea For Married Couples

For married couples creating an estate plan, a trust may be a better option than a will. Trusts offer protection of assets during the couple’s lifetime as well as after the death of one of both spouses. Many kinds of trusts offer many kinds of protection. Why should married couples consider a trust?

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5 Reasons Why Families With Any-Age Children Should Have A Trust

If you or your spouse dies, when it comes to providing for surviving children, sometimes a will is not enough to protect their inheritances. This is where a trust comes in. Trusts are not just for the wealthy. A trust is a legal entity that can own property and assets. Through the instructions you write into the trust, it can buy, sell, negotiate, manage, and disburse its assets for the benefit of your children. It gives you a lot of control after you pass away.

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ESTATE PLANNING 102: What is a Trust?

You have probably heard of this thing called a “trust.” You may even have a trust. But do you know what a trust is?

 

Merriam-Webster defines a trust as “an arrangement in which someone's property or money is legally held or managed by someone else or by an organization (such as a bank) for usually a set period of time.”

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