From Our “Ask a Question” Mailbag: “My neighbors are all using revocable living trusts, and I wonder if it is a good idea for me. What are the Benefits of a Revocable Trust? Is a Revocable Trust a good idea for me?” What are the Benefits of a Revocable Trust? […]
Category: Revocable Trusts and Living Trusts
From Our “Ask a Question” Mailbag: “I have been considering forming a Revocable Living Trust to avoid probate. But I have also been told that Revocable Trusts for older people are a good idea. Please explain: are revocable trusts a good tool for elderly people?” Are Revocable Trusts for the […]
From Our “Ask a Question” Mailbag: “My neighbor has been talking about the Revocable Trust he is using to avoid probate. I also noticed that many New Jersey shore homes are owned by Revocable Trust to avoid probate in two states. I am curious, what are the key features of […]
From Our “Ask a Question” Mailbag: “I am leaving one of my sons out of my Will, and I am worried that he will make trouble for my other children after my death by challenging my Will. I have been reading about Revocable Living Trusts. Do Revocable Trusts avoid Will […]
From Our “Ask a Question” Mailbag: “My attorney formed a Revocable Living Trust and moved my deed into the trust. But should I put my bank account into my trust?” Should I Put My Bank Account Into My Trust? A Revocable Living Trust’s principal purpose is to avoid probate at […]
From Our “Ask a Question” Mailbag: “I have read about all the advantages of a Revocable Living Trust, but what are the Downsides of a Revocable Trust?” Are There Any Downsides of a Revocable Trust? In many blogs and articles I have expanded upon the many positive aspects of a […]
From Our “Ask a Question” Mailbag: “I want to make the process as easy as possible for my children when I die. I live in Philadelphia, and my children all live out of state. Are Philadelphia Revocable Trusts useful for avoiding probate?” Using Revocable Living Trust in Philadelphia (or anywhere […]
From Our “Ask a Question” Mailbag: “How do I make giving my kids my land at my death as easy as possible? I live in Doylestown, Pennsylvania, and own a rental property in Chalfont, Pennsylvania. Avoiding probate at my death sounds good, but I want to manage my property until […]
From Our “Ask a Question” Mailbag: “I have been hearing about Living Trusts. What is a Living Trust in Pennsylvania?” What is a Revocable Living Trust? Revocable Trusts were invented to avoid the government. You can create one without registering it with any agency, and it does not need an […]
From Our “Ask a Question” Mailbag: “My grandfather died several years ago without a will. My uncles and aunts fought about who would be in charge of the estate, and it took years to sort it out. I have heard that you can avoid Probate by using a Revocable […]
