Trust law Archives - About Estate Planning https://aboutestateplanning.com/tag/trust-law/ Knollmiller & Arenofsky, LLP Wed, 28 Feb 2018 10:59:04 +0000 en-US hourly 1 “I thought a trust avoided probate!” https://aboutestateplanning.com/thought-trust-avoided-probate/ Fri, 13 Dec 2013 09:50:42 +0000 http://aboutestateplanning.com/?p=1068 This question usually gets asked by the family after a loved one has died and they are told they have to go through probate. How did this happen? Yes, one of the benefits of a revocable trust is avoiding probate. The explanation everyone has heard is because the assets are… Read More

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]]> Avoiding Conservatorships https://aboutestateplanning.com/avoiding-conservatorships/ Tue, 19 Nov 2013 09:53:37 +0000 http://aboutestateplanning.com/?p=1069 Conservatorships Conservatorship is a court proceeding where an individual is considered by a judge to be unable to manage their own financial affairs so another person or entity is named to handle it for them. There are many reasons why a conservatorship may be needed; disability, dementia, youth, incapacity, and more. The… Read More

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]]> Advantages vs. Disadvantages of a Revocable Trust https://aboutestateplanning.com/advantages-vs-disadvantages-revocable-trust/ Wed, 13 Nov 2013 10:13:56 +0000 http://aboutestateplanning.com/?p=1072 Advantages of a Revocable Living Trust Avoidance of probate. In particular, a revocable living trust can avoid expensive multiple probate proceedings when you own real estate in several different states, as well as the publication of the otherwise private financial details of your estate. Avoidance of conservatorship. A revocable trust can avoid… Read More

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