Attorney Denis Clifford, in the fourth edition of “Make Your Own Living Trust,” has updated his authoritative explanation of living trust pros and cons for homeowners and realty investors. This ...

A living trust gives you flexibility while sparing your loved ones the hassle of probate. A living trust can be far more costly and complicated to put in place than a will. Consider whether a living ...

A living trust is more expensive to set up than a simple will, and not everyone needs one. But a revocable living trust can be a valuable estate-planning tool for people with fractious families, a ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning is one of those things that's ...

Dear Liz: I understand what happens with a living trust when both spouses die at once. But what happens when just one dies? Is the trust tossed out, since the surviving spouse is usually the trustee?

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, ...

A living trust often allows you to forego the probate process, which can be time-consuming. There is more privacy involved with a living trust than with a will. Creating a will can be a more ...