Living Trust and Estate Strategies – Camu Living Trust

A living trust is about living benefits.
A living trust is not only for wealthy and older people.
A guardian is responsible for raising the children if the heirs are unable to do so, caring for the children on a daily basis.
A trustee/executor is in charge of overseeing the gathering of assets, the payment of taxes and any other final expenses, and distribution of the assets to beneficiaries.
Living Trust vs. Will:
Living trust generally supersedes a will. See the comparison below.

Here are some comparisons for your consideration:

LIVING TRUST:

Takes effect while you’re alive
Skips probate court
Easy to change
Name guardianship & custodianship
Assets transfer immediately
Stays private
Affordable with CaMu

vs.

WILL:

Takes effect at death
Goes through probate court
Easy to change
Names guardianship of children
Transfer of assets can take time
Becomes public
Affordable