Real Estate NewsSenior Real Estate News January 19, 2023

Living Trusts

When it comes to taking care of your real estate when you become incapacitated or pass on the best thing you can do to help your family is to set up a living trust. It is worth every penny you spend for an attorney to set that up. Along with that include the power of attorney so that you can be taken care of in the event you become unable to take care of your affairs.

In my experience in helping heirs in selling the homes of their parents is that having a living trust in place simplifies the process in spades.

To understand the differences between a living trust and a will I found this reference/

Estateplanning.com