2007-02-08 10:43:46 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Yes, read Suze Orman's book "9 steps to financial freedom" she has a large, very complete chapter about wills, trusts, etc and what you need and why.
2007-02-08 12:23:14 · answer #1 · answered by mldjay 5 · 0⤊ 0⤋
Yes a living trust is a good idea because it helps you forgo the probate process and it helps you avoid estate taxes in the accurence of a death also you could invest in real estate with a living trust. If you need the proper documentation to excecute a living trust i could be of service free of charge.
2007-02-08 13:37:34 · answer #2 · answered by http://intnlfinderspecs.zip.io 2 · 0⤊ 0⤋
They are if you are the beneficiary. Of course living trusts are usually revocable, leaving the beneficiary at the whim of the benefactor.
2007-02-08 10:47:15 · answer #3 · answered by ahab 4 · 0⤊ 0⤋
everyone should have one as soon as they can arrange to get it done
2007-02-08 11:44:20 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes, everyone should have one.
2007-02-08 10:47:07 · answer #5 · answered by Anonymous · 0⤊ 0⤋