Results for tag: "Living Trust"

Living Trusts are a type of Wealth Management tool used to protect and manage assets. They are created by individuals to provide for the transfer of their assets to beneficiaries upon their death. Living Trusts are revocable, meaning the grantor can make changes to the trust during their lifetime. They are also private, meaning the details of the trust are not made public. Living Trusts can be used to manage assets such as real estate, stocks, bonds, and other investments. They can also be used to provide for the care of minor children or other dependents. Living Trusts are an important part of Wealth Management, as they provide a way for individuals to protect their assets and ensure that their wishes are carried out after their death. They can also provide tax benefits, as assets held in a Living Trust are not subject to probate. Some companies in the Living Trust market include Fidelity Investments, Charles Schwab, and Vanguard. Show Less Read more