No, a will.
i'm so glad we have knowledgeable people on this forum...thanks j heard.
j heard... wouldn't a living trust be more effective for a homeowner?
then they don't pay taxes...
then they don't pay taxes...
Hi guest!
Welcome to forums!
I don't think a simple probate-avoidance living trust will have any effect on taxes. However, the more complicated living trusts, may greatly reduce the federal estate tax bill for those who have valuable assets.
One tax-saving living trust is designed primarily for married couples with children.
You can consult your attorney and check the options available.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
I don't think a simple probate-avoidance living trust will have any effect on taxes. However, the more complicated living trusts, may greatly reduce the federal estate tax bill for those who have valuable assets.
One tax-saving living trust is designed primarily for married couples with children.
You can consult your attorney and check the options available.
Feel free to ask if you have further queries.
Sussane