Does your neighbor or best friend complain to you that if you don’t have a trust you will regret it?  Everyone has heard of the word, but few people truly understand the benefits and drawbacks of trusts, let alone what kind of trust they may have.  The truth is that not everyone needs a trust.  The answer depends on what state you are a resident of when you die, and other factors including whether you own real estate in more than one state. 

Read this handout and you will know more about trusts than that pesky neighbor who thinks you are doing everything wrong…

 Kathryn Bedell 1/31/2019