Making decisions about your estate planning requires understanding the difference between trusts and wills. Both are ...

Though exculpation clauses are contained in many wills and trusts, for many if not most scriveners little thought is given to their use or enforceability or the means to maximize their effectiveness.

Dear Liz: I understand what happens with a living trust when both spouses die at once. But what happens when just one dies? Is the trust tossed out, since the surviving spouse is usually the trustee?

I was talking to some friends the other day about wills and trusts. They seemed to have a variety of opinions, so can you straighten things out for me? I don’t have a will or a trust, and my financial ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

To state the obvious, the coronavirus pandemic has changed many aspects of our lives. Part of that change is a heightened awareness of the fragility of life and the need to plan for the inevitability ...

While it can be difficult to confront your own demise, setting up an estate plan is important to ensuring that your wishes are followed and your loved ones taken care of after your death. There are ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Brandon is a professor of finance and ...

If you're thinking about estate planning, you've probably come across two common ways to pass along your assets: Trusts and wills. There are big differences between these two legal tools, especially ...

Working with the best and most qualified financial experts to create and manage one’s will, trust and estate is one of the most important decisions that people with assets must make. It is important ...

Trusts and wills are essential tools in estate planning, each providing its unique framework for asset management and distribution after death. Trusts can help you avoid probate, as well as enhanced ...