NATIONAL ASSOCIATION OF FAMILY SERVICES
A little knowledge. More peace of mind.
Estate planning, living trusts, and the decisions that matter to your family.
31 of 31 articles
Costs & Member Benefits
Hey everybody. A question I get a lot is, how much does a living trust cost? So I want to write a quick blog about the difference between a $3,000 living trust and a $1,599 living trust…
Assets & Funding
Digital assets like music, movies, and now NFTs are becoming more popular and abundant in people’s lives. I had a friend that purchased at least one music CD per week. After 30 years of…
Family & Trustees
A person with special needs has it tougher than most getting through life’s trials and tribulations. Disabilities can prevent a person from earning a living wage, and often go so far as…
Family & Trustees
Professionals are generally not hired to serve as trustees of a family living trust. To begin with, a living trust is very similar to a Will. It is basically just a document that states…
Costs & Member Benefits
Through membership in NAFS, families have enjoyed a variety of discounted benefits and valuable services, while saving thousands of dollars compared to the average cost of obtaining…
Costs & Member Benefits
It’s really surprising when you get past the advertised price and discover the true cost charged to obtain everything needed to have a complete and comprehensive living trust . In most…
Family & Trustees
Yes. I know I need to get this done, and I will get around to it. Unfortunately, for many families they don’t. They don’t realize the endless ramifications that a family can encounter…
Family & Trustees
The death of a loved one can either pull a family together or cause major issues. I have seen both happen in my own life. There is just something about those deep-rooted family dynamics…
Assets & Funding
NFTs are becoming more and more popular and many of these Non-Fungible-Tokens aren’t cheap. Some NFTs have sold for millions of dollars. Sounds like something that should be protected…
Assets & Funding
An acquaintance of ours from church has been talking non-stop about how much money he made off “Bitcoin”. I have no idea what that is, nor does my wife, but we nodded politely and said…
Living Trusts
One of the most popular documents these days for leaving an inheritance to beneficiaries is a family revocable living trust. It’s similar to a Will , but many attorneys everywhere are…
Costs & Member Benefits
A living trust is something most people aren’t thinking about on the daily. Unfortunately, it’s one of those things mentioned after the fact. Living Trusts are easy to create, easy to…
Family & Trustees
I am the owner of a revocable living trust , which I set up to protect my estate for my family. In the time just before I created my trust, I was caught up in the middle of a family…
Assets & Funding
Below is a short story of how I sold my home that was under a revocable living trust.
Assets & Funding
What should you and should you not put in a living trust ? This may seem difficult to decide, but it’s actually very easy. Many attorneys like to make this seem to be a difficult…
Estate Planning Basics
This is a question that everyone will ask themselves eventually. Unfortunately, I can’t answer this question for you because I am not an attorney. What I can do is tell you my story and…
Living Trusts
Below is a short story on how I got peace of mind by learning about the 5 most common kinds of trust that exist.
Estate Planning Basics
This is a question that goes back in time, which is better, a will or a living trust?. I am in a unique position with the ability to share my own actual experience in answering this…
Estate Planning Basics
I am still young, at least I fool myself into believing such. Thinking about my eventual passing is not a favorite subject of mine. However, as the saying goes, two things for certain in…
Family & Trustees
Yes, a person can add or remove trustees from an existing living trust . Here is a short story as to why a family may want to do this.
Estate Planning Basics
Estate planning for the future of your loved ones is usually not as difficult as many lawyers like to lead you to think. Yes, there are all kinds of probate codes, regulations, laws,…
Assets & Funding
When a person dies with or without a Will, if they have enough money at the time of death, the law requires the person’s assets to go through a court process in order to be passed to the…
Estate Planning Basics
Are you concerned about estate planning and protecting your family? These days, you should be. The government is coming after family assets. Unexpected catastrophic illness and excessive…
Living Trusts
In general, American middle-class families do not need to create irrevocable living trusts. Irrevocable living trusts are mainly used by the rich for reducing inheritance taxes on the…
Living Trusts
Living trusts are being utilized by many middle-class families throughout the United States. They have become an important vehicle to ensure an estate is passed on to beneficiaries in a…
Living Trusts
Living trusts are very popular, especially in the state of California. For those families residing in California, passing on an estate can be expensive and time consuming because of the…
Estate Planning Basics
Probate is a court process that many families may go through to receive their inheritance. Very simply, when someone dies and if they own assets in their name at the time of death, a…
Costs & Member Benefits
The cost to a living trust can range anywhere from $1,599 to upward of $3,000.
Living Trusts
There are many types of living trusts that serve many different purposes. A revocable living trust is the most common by far and is frequently used by the average middle-income American…
Living Trusts
Similar to a Will, a living trust is just a document (some pieces of paper in a notebook) that say where a person wants their money and assets to go when they die. That’s it, it’s that…
Estate Planning Basics
Since they both state who gets the inheritance, a very common question is, “Do I need a Will or a Living Trust?” Although there can be a number of reasons to choose one or the other, the…
These articles are educational, not legal advice. Original publication dates are preserved; laws, prices, and services may have changed. Consult an authorized attorney about your circumstances.
