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What are the benefits of a revocable living trust?

It can be a very daunting prospect to consider how to set up your will or living trust. There are many options, and choosing the right one for you will depend on your circumstances. However, a revocable living trust remains to be a viable and flexible option for many people.

Even young, single people should do some estate planning

Too many people don't consider getting a will or any sort of estate plan until they have children or, if they remain child-free, when they get into their senior years. Even then, too many do not. More than three-quarters of millennials have no will. Fewer than two-thirds of Generation X (people in their late 30s through early 50s) have one. Only half of people between 53 and 71 do. Only 36 percent of people with minor children have a will.

8 assets you should include in your will

Did you know that around 70 percent of people in the United States don't have a will? Some no doubt feel like they're too young, even though accidents can take a life at any age. Others feel like they don't have enough assets, even though any amount of assets is enough to make sure they're transferred properly.

Ensuring that your grandchildren get some of your inheritance

You want to leave money to your children, but you're also worried about your grandchildren. You'd like to ensure that they get some of what you're leaving behind, that it isn't lost by the next generation due to divorce or poor financial planning.

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