When planning your estate, you should understand different trust options available, such as testamentary trusts and living ...

Additionally, testamentary trusts can offer tax benefits and protect assets from creditors, making them an attractive option for estate planning. A living trust is a legal arrangement that allows ...

There are two basic types of trusts: living trusts and testamentary trusts ... appreciated assets in the trust aren't subject to estate taxes. There are many more complicated types of trusts ...

For these reasons, many estate planning experts prefer living trusts, which can provide the same benefits of testamentary trusts while, at the same time, avoiding probate. The only time a ...