Have plenty of free time on your hands due to the Coronavirus Stay-At-Home? It’s a great time to get your living trust put together.
No one likes thinking about death, let alone planning their own. But the process creating a will or trust is often as easy as getting started. Here’s how.
I was surprised to learn that Prince never instructed his legal team to develop a will or trust.
It’s important to have a will. That goes for rich people, and average citizens who own a small house, old car and work a regular job. Anyone with a net worth of a hundred thousand dollars or more should have a will – or better yet, a trust.
In the past, I have pleaded with associates and clients to obtain simple wills. Last year, I changed my mind. Go directly to a revocable living trust (RLT).