Deeding Home to Kids?

Can’t a person avoid probate by simply deeding his home to his children while he’s still alive? Yes, he can. But doing so is potentially a terrible idea.  Here’s why: Loss of Control:  Once the home is…

Living or Family Trust?

People sometimes wonder:  What is the difference between a Living Trust and a Family Trust? Legally, they are different names for the same thing.  A Living Trust is simply a trust set up while the creator of the trust…

How Much are Estate Taxes?

For most people, estate taxes are not an issue.  Congress modified the estate tax laws a few years ago.  Currently (2017), a person can leave property and possessions worth $5.49 Million with no estate taxes being due…