Probate Avoidance

  • 2 Posts
  • 1 Sections
  • 1 Types
August 25, 2024 5 min read Definitions
Lifetime Gifts: Effective Vehicle of Transfer in Estate Planning
Finance Estate Planning Lifetime Gifts Estate Planning Wealth Transfer Probate Avoidance Tax Efficiency
Comprehensive overview of lifetime gifts, illustrating their benefits in estate planning, especially in minimizing probate and administrative expenses.
Read more about Lifetime Gifts: Effective Vehicle of Transfer in Estate Planning.
August 25, 2024 4 min read Definitions
Living Trust: Trust Established and in Operation During the Settlor's Life
Finance Legal Living Trust Trusts Estate Planning Inter Vivos Trust Probate Avoidance
A Living Trust, also known as Inter Vivos Trust, is a legal instrument that takes effect during the settlor's lifetime. It allows the settlor to manage and protect assets while alive and efficiently transfer them after death without the need for probate.
Read more about Living Trust: Trust Established and in Operation During the Settlor's Life.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.