Living trusts can help manage your assets (and taxes) while you're alive and transfer them after you die, but they have ...

A living trust is a legal document you set up while you’re alive to ensure that the assets you put in the trust, such as real estate, stock and bond holdings, CDs, and jewelry, are distributed ...

Believe it or not, net worth doesn’t play that big of a role in whether a person should have a living trust or not.

Living trusts generally allow a smoother, more organized settlement of the estate than other probate-avoidance options.

According to Trust & Will's 2025 Estate Planning Report, only 31% of Americans have a will and just 11% have established a trust, leaving 55% of Americans with no estate plan at all.

A living trust can also be useful in complicated situations — like if the grantor had property in multiple states or is still alive but incapacitated. Many people put real estate, ...