Lots of people live together outside of marriage. And as marriage rates have declined, cohabitation rates have risen. While you might have love in your eyes, cohabitation can bring tax and legal risks ...

Living trusts allow you to avoid the probate process, which can be expensive and lengthy. A will is easier to set up and maintain than a living trust. Living trusts may make more sense for public ...

When it comes to estate planning, two of the most common tools are living trusts and wills. Both help ensure your assets reach the right people after you’re gone, but they work differently and serve ...

Dear Liz: A friend of mine contacted an estate planning attorney to do a living trust. The attorney gave her an estimate of $5,900 for this job. My friend is single, never married, no children, does ...

Wills and living trusts can serve the same purpose, but differently. Wills are generally simpler and less expensive than trusts. They are not mutually exclusive. You may want both. There's more than ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Throughout my life, I've always heard that it's better ...