Trusts
Should I Use a Will or a Revocable Living Trust as My Primary Estate Planning Document? Separating Facts from Fiction. (Updated August 2025)
As part of your base (core) estate plan, you need to determine if a Will or a Revocable Living Trust (RLT) should serve as your ...
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Q&A with Loraine: My house is in an irrevocable trust with two sons as trustees. Can I move out of the house and the trustees rent it?
Question: My house is in an irrevocable trust with two sons as trustees. Can I move out of the house and the trustees rent it? ...
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Q&A with Loraine: Does a testamentary trust go into effect during or after probate?
Question: Does a testamentary trust go into effect during or after probate? Do the responsibilities of a testamentary trust’s trustee begin after the will is ...
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Q&A with Loraine: What is my legal name after marriage?
Question: I am getting married soon and intend to change my name. How do I make the change legal? Loraine’s Answer: I’ve seen some misconceptions ...
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A Guide to Different Types of Trusts
A Trust is a common tool that we like to think of as the ‘Swiss Army knife’ of estate planning. Depending upon your unique situation, ...
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Q&A with Loraine: Trusts, Wills and Probate
Question: My friend, Pete, just lost his mother. He is having a difficult time knowing what to do about her estate because it involves a ...
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Q&A with Loraine: Probate costs
Question: How much does it cost to probate a standard will? There is no land, money, or other assets in the estate to be distributed. ...
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Q&A with Loraine: Distribution of Jointly Owned Property
Question: How is the distribution of joint property handled when a married couple have separate wills but own assets together? I understand that assets that ...
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