When you pass on, how do you want your assets to be handled and distributed to your loved ones or charitable organizations? Today’s post explores the ins-and-outs of creating a living trust. We’ll explore the differences between trusts and wills, the responsibilities of executors and/or successor trustees, and take a look at the financial ramifications for creating such a legal document.
Investment strategies, approaches to portfolio management and even the idea of what true “financial health” have all undergone a serious makeover within even the last few decades. What has been the key driving factor putting these strategies and theories into question? Answer: risk.