Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer.
A key component of financial management is estate planning, and a living trust is a popular choice to consider when deciding how to divide up your assets for the next generation.
You can transfer assets into a living trust, also called a revocable trust, while you're still alive and administer them as your own trustee until you pass away or become incapacitated. They also can be changed along the way.
Source Fool.com
