In our last blog post, we discussed some of the reasons why a middle class family doesn't need a living trust. Now we will mention a few situations where a living trust could save you some troubles.
1. If you own out-of-state properties
Putting such properties in a living trust will save your heirs from probate in that state.
2. If you want to treat your heirs differently
If you want to disinherit a child or leaving more to a child that another, a living trust is a better option than a will because it's hard to contest a trust than a will.
1. If you own out-of-state properties
Putting such properties in a living trust will save your heirs from probate in that state.
2. If you want to treat your heirs differently
If you want to disinherit a child or leaving more to a child that another, a living trust is a better option than a will because it's hard to contest a trust than a will.
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