Do It Yourself Living Will Trusts. A living trust is an easy way to plan for the management and distribution of your assets and you don t need an attorney to do it. The challenge of writing a revocable living trust yourself is a formidable one even with the aid of books software and online helps. The main type of trust in estate planning is a revocable living trust so called because you can change or revoke the terms of the trust at any time while you re alive.
A living will is a legal document also known as an advance health care directive that details how you want to be cared for if something unexpectedly impacts your health and you wind up on life. For many americans a significant goal of estate planning is to avoid probate.
Also known as living or inter vivos trusts their importance is too great to be left to chance.
The main type of trust in estate planning is a revocable living trust so called because you can change or revoke the terms of the trust at any time while you re alive. The challenge of writing a revocable living trust yourself is a formidable one even with the aid of books software and online helps. A revocable living trust unlike a will offers a fast private probate free way to transfer one s property. If you want to draft your trust documents yourself you should be able to find free templates or sample living trusts on the internet.
