Did You Know? A trust allows yhou to continue controlling your property after you pass.
A trust is a mysterious legal instrument that is not understood by most of the American public. Perhaps the easiest way to understand them is to state their purpose. While they have a lot of different purposes, let me simplify things and just state that the primary purpose of the trust is usually to allow you to continue controlling your property after you pass. Here are three common scenarios where a trust can be handy.
1. SKIPPING PROBATE. First of all, a trust allows you to skip probate. This saves you up to years in the court system and thousands of dollars in attorney’s fees.
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