The Importance Of Funding Your Revocable Living Trust

Revocable living trusts are one of the most powerful tools in the estate planner’s toolbox and offer a number of advantages over wills. These include avoiding probate, reducing delays in the distribution of assets, greater control over your assets while you are alive and in the event of incapacity, greater privacy, and more. Unfortunately, many […]

How Can You Benefit From a Revocable Trust?

A revocable trust, also referred to as a living trust, is an estate planning tool that a person can use to pass his or her assets outside of probate after his or her death. A recent article explains how a person may benefit from a revocable trust. When a person puts property in a revocable […]

Using a Revocable Living Trust to Avoid Probate

Although probate is beneficial for some estates, many people would like to avoid probate at all costs. For those who would like to avoid probate, a recent article discusses how a Revocable Living Trust (“RLT”) can help in this respect. Probate is a court-supervised process through which the instructions in a deceased person’s will are […]

The Pros and Cons of a Revocable Trust

Like most estate planning devices, a revocable living trust is not right for every estate. A recent article discusses several of the pros and cons of creating a revocable living trust. A revocable living trust is a trust that a person establishes during their life with their own assets. The terms of the trust can […]

Essentials of Estate Planning

Estate planning is smart for everyone, without exception. No matter how wealthy or poor, everyone has an estate. Many people falsely assume that, because they are not wealthy, they do not need an estate plan. This could not be further from the truth. A recent article discusses why estate planning is essential for everyone. The […]

Why Does Probate Take So Much Time?

Imagine that you’ve recently lost a loved one and you’ve been named “executor” of the estate. You might be surprised to learn that you can’t finish the process in a month, or even two for that matter. First, in New Jersey, you can’t submit a Will to the court or begin probating estate until 10 […]