Probate is a court process by which, at your death, your will is validated, your death expenses are paid (medical bills, funeral home fees, etc.) and your assets are distributed…
A Revocable Living Trust is a legal document that allows a person to maintain control of his or her assets during their lifetime and then pass them on to children…
Essentially, the funding of a Revocable Living Trust means that assets are re-titled in the name of the trust. So in most instances, a new deed will be drafted by…