31. He set aside some money in his living trust for a distant relative who needed eye surgery. 32. If you refinance a property, there may be some extra work and expense in connection with the loan if your property is held in a living trust. 33. In a sense, Simon said, a revocable living trust is a substitute for a will. 34. In general, you can do the same death-tax planning with a will as with a living trust. 35. In most cases, whether you choose a living trust or any method other than a will, a simple will still is needed. 36. In some cases, probate may be avoided even without a living trust. 37. More people are choosing living trusts as a probate-free alternative to wills or conventional substitutes. 38. On a recent Friday, clients had questions about landlord-tenant issues, living trusts, wills and credit-card debt. 39. One popular option is the life estate, also known as a living trust. 40. Once a living trust was signed, salesmen would pressure elderly victims into converting their assets into insurance annuities which paid low interest over a long period. |