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swapnamanikssys
Member Since: 05th November 2009
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Estate Planning

What is a revocable living trust?

15th March 2010
It is a legal document that can, in some cases, partially substitute for a will. With a revocable living trust (also known as a revocable inter vivos trust or grantor trust), your assets are put into the trust, administered for your benefit during your li...
Estate Planning

What is probate?

15th March 2010
Probate is a court-supervised process for transferring a deceased person’s assets to the beneficiaries listed in his or her will.Typically, the executor named in your will would start the process after your death by filing a petition in court and se...
Real Estate Law

Does the way in which I hold title make a difference?

12th March 2010
Yes. The nature of your assets and how you hold title to those assets is a critical factor in the estate planning process. Before you take title (or change title) to an asset, you should understand the tax and other consequences of any proposed change. Yo...