When it comes to a living trust vs will, here are some reasons why some may find a will to be preferable to a living trust. First, the cost of a living trust is often larger than a will. Second, the quantity of paper work required for a living trust is...
What is a trust?
While it can sometimes seem like there are an infinite amount of different kinds of trusts, the basic concept of this sort of legal arrangement remains the same. There four basic components of any trust. The first component is the person who creates the trust. This person is called the...
Information Regarding Wills
The statue of wills was enacted in 1540 by the Parliament of England and it is still used to govern the form of a will today. The statute of wills requires that a will be in writing, signed by the testator, and witnessed by at least two people. California law...