Strategies for helping an elderly parent, who is living in assisted living, realize/come to terms with the fact that moving home will never be an option and it is now time to sell that home? [more inside]
Please help me understand the benefits and differences between a living trust (for a property) vs. having a name on the property deed.
What's the benefit of having a living trust for a property over having my name on the property deed? [more inside]
Can anybody recommend a good estate attorney in San Francisco? We want to set up a will, and we undoubtedly need the whole estate-planning package (power of attorney, living trusts, etc). [more inside]
Are there any downsides to having a "living trust" as part of my estate plan? [more inside]
My husband and I are retired, in our early 60's, good health, no kids or close family and we don't have a will. I lie awake at night and worry about this. We don't own any property right now but do have a house full of furniture, some vintage art posters, joint mutual funds, IRA's, deferred comp, a leased car etc. I was going to download a standard "will" form but my friend said we needed to get a living trust so the survivor wouldn't have to go through probate court which can be costly. Do we need to have an executor in either case? Does anyone have any advice on what would be best for people like us - our assets are under 500k. We live in Illinois. Thanks!