Drafting A Living Trust 3 Questions To Answer
When drafting a living trust, there are a number of considerations one must make. A living trust is a popular way to transfer assets to a trust during the trust creator’s lifetime – and to avoid probate proceedings after the trust creator has died. People also create living trusts to reduce taxes, ensure financial privacy, and regulate the use of assets (in case they become incapacitated). Here are three questions you’ll need to ask yourself when drafting a living trust:...