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

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. The recent deaths of actor Gene Hackman and his wife Betsy Arakawa ...

There are certain benefits a living trust offers over a will. Living trusts aren't right for everyone, and there can be higher up-front costs. It's best to work with an estate-planning attorney to see ...

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 ...

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 ...

Unlike a will, a living trust does not go through probate, which can save time and reduce legal costs. This can help streamline the process of distributing assets to designated beneficiaries without ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. When you work hard your entire life to accumulate ...

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Figuring out who will inherit your assets after your ...