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What’s the point of a living trust if there’s just going to be problems?

Many hear of stories where their friends made a trust and their kids fought anyway. But the thing with trust is it will always keep you out of probate court if it’s done correctly. That’s the main reason it’s done is to make sure that it’ll carry out your wishes with regard to your younger beneficiaries.

But you can’t stop somebody from making a bad decision. When that happens it usually ends up in a conflict.

The most important thing is to pick the right trustee. Choose somebody that can be a peacemaker and make good decisions.

But to not have a trust just because there might be a conflict is just silly.

  • Does transferring a property into a living trust protect me from creditors or lawsuits?

    Unfortunately, transferring a property to a living trust does not protect you. One of the advantages of a living trust is that you can change it. The reason you can […]

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  • Can I do my estate planning through LegalZoom?

    What is the difference between me handling things myself using LegalZoom vs. coming here and working with you? As a person who is a do-it-yourselfer, I understand the urgent desire […]

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  • Should I discuss with my children how they fit into my trust?

    Should I have conversations with the people that I am planning to put into my trust? It usually comes down to children and many people completing this process are doing […]

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