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How Living Trusts Avoid Probate

By Stephen Worrall

Here's the lowdown on basic probate-avoiding living trusts. Ask people why they work hard and save their money, and often you'll hear that it's not only because they want to raise their own standard of living; they want to leave something behind for their children, too. Understandably, they don't want a big chunk of that money to be used up for probate lawyers' fees. That's where living trusts come in. They don't save you a penny while you're alive, but after death they can eliminate the need read more

Full post as published by Georgia Wills, Trusts and Estate Planning Blog on July 16, 2008 (boomark / email).