None
of us like to think about our own mortality,
which is why so many families are caught
unprepared. Living trusts are an important
estate planning tool that can not only help save
the expense and delay of probate, but can also
help married couples avoid certain estate taxes.
Probate can last as long as three years and can
take up to 10% of your estate's value.
In addition, a living trust can also provide you
with more privacy than a will because you don't
have to register it with the courts in probate.
In addition, a living trust allows you to hand
over management of your assets to someone else
if you are incapacitated or otherwise unable to
manage your assets yourself.
