Seniors Being Tricked By Aggressive Sales Tactics For Living Trusts, by Gerry W. Beyer, Wills, Trusts & Estates Prof Blog
Living trusts are excellent vehicles to avoid probate for those with assets enough that the cost of avoidance outweighs the cost of creating the trust. But for many, living trust are not appropriate since they have little in the way of transferable assets that would make the setup cost worthwhile . . . .