Even though we know the mortality rate is 100%, we don’t want to deal with the topic of death while we’re alive. Because of this, many people disregard prudent financial moves that will make life much easier on their surviving beneficiaries.
Among the most neglected is Living Trusts. Here are 6 reasons you’ll want to consider a Living Trust for your family:
- Avoid Probate
- Protect Property for Beneficiaries
- Protect Privacy of Estate
- Avoid a Will Contest
- Reduce or Eliminate Estate Taxes
- Manage Property Upon Incapacitation
Take the time to protect your family. It’s more important than planning that summer vacation; and may not take any more time or money!
What are your thoughts on Living Trusts? Why or why haven’t you secured a Living Trust for your family? Let us know your thoughts!