Living trust in estate planning

Bhavanash Sharma: For a will, a probate process is needed and that means having to wait until the order is obtained from the courts of law. What a living trust does is it names a trustee who can immediately take care of your end-of-life affairs, like paying for funeral costs and distributing property to heirs

A living trust has its own benefits over a will.

A will becomes a public document upon a person’s death as probate is granted.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

Exciting deals at Sunway Theme Parks Mega Roadshow
CPO futures likely to trade in yo-yo mode next week
Maybe Apple’s weakness isn’t just supply chain woes
Good news for the global economy
BP, Chubu Power to study CCS project at Nagoya
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road
Bonds surge as traders call time on hikes
Central banks continue fight against inflation
Defining market manipulation
Lee Chun Fai redesignated as IJM CEO and MD

Others Also Read