Are you puzzled by trusts? There are many people who do not understand trusts. They are, overall, a way to help protect the assets of your estate. There is no time too early to start thinking about your estate plan since it will benefit you. You may even want to employ the services of trust and estate attorneys who will assist you in the process and ensure that you’re making sound decisions. In this instructional video you’ll be taught trust basics that will help you start and create a solid base that will allow you to proceed with the estate planning process.
Be familiar to two varieties of trusts. One is called testamentary trusts also known as death trusts and is usually associated with wills. They are used after you have passed. A different type of trust is the living trust. These trusts can be utilized throughout your lifetime. The biggest benefit to the living trust is the fact that it doesn’t require probate. They also come in two categories which this video will discuss.
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