Michelle Deisch

Michelle Deisch

Hardcore bacon buff. Typical food maven. Bacon fan. General pop culture enthusiast. Proud travel evangelist.

50 Posts Written
The Pros and Cons of Setting Up a Trust

The Pros and Cons of Setting Up a Trust

Setting up a trust can be a great way to protect your assets and ensure that your wishes are carried out after you pass...

How long does a trust last?

How long does a trust last?

A legal concept called the “rule against perpetuity” prevents a trust from remaining active indefinitely. California...

What Assets Cannot Be Placed in a Trust?

What Assets Cannot Be Placed in a Trust?

When it comes to estate planning, it's important to understand what assets can and cannot be placed in a trust. A...

The Benefits of Setting Up a Trust: Why You Should Consider It

The Benefits of Setting Up a Trust: Why You Should Consider It

Setting up a trust can be a great way to ensure that your assets are distributed according to your wishes and that your...

Why Use a Trust Instead of a Will? A Comprehensive Guide

Why Use a Trust Instead of a Will? A Comprehensive Guide

A Living Trust Can Help You Avoid Probate in Michigan, But a Will Doesn't. A living trust is a private document that does ...

Why You Should Put Your Wealth in a Trust

Why You Should Put Your Wealth in a Trust

A trust is a great way to transfer assets from one person to another. It can include a variety of assets, such as...

Who controls assets in a trust?

Who controls assets in a trust?

Legally, your trust now owns all of your assets, but you manage all the assets as a trustee. Trust funds are legal...

The Power of Wills and Trusts: Which is Best for You?

The Power of Wills and Trusts: Which is Best for You?

When it comes to estate planning, it's important to understand the differences between wills and trusts. Trusts are...

What are the Disadvantages of a Living Trust?

What are the Disadvantages of a Living Trust?

A living revocable trust is a popular estate planning tool, but it does have some drawbacks. One of the main...

What is Better: A Trust or a Will?

What is Better: A Trust or a Will?

The difference between a will and a trust is when they come into action. A will sets out your wishes for after your...

What is the Main Purpose of a Trust?

What is the Main Purpose of a Trust?

Trusts are established to provide legal protection for trust assets, to ensure that those assets are distributed in...

The Pros and Cons of Trusts vs Wills

The Pros and Cons of Trusts vs Wills

When it comes to estate planning, trusts and wills are two of the most popular options. While both have their advantages...

When Should You Have a Trust?

When Should You Have a Trust?

When it comes to estate planning, a will is often the first step. However, wills may not be the best option for everyone, ...

The Pros and Cons of Trust Funds

The Pros and Cons of Trust Funds

Trust funds are a great way to ensure that your assets are managed and distributed according to your wishes after you...

The Pros and Cons of a Will Versus a Trust

The Pros and Cons of a Will Versus a Trust

When it comes to estate planning, there are many options available to individuals. One of the most common is deciding...

The Advantages of a Trust: What You Need to Know

The Advantages of a Trust: What You Need to Know

When it comes to estate planning, trusts are often the best and most comprehensive way to protect your family and assets. ...

What Net Worth Do I Need to Consider a Revocable Living Trust?

What Net Worth Do I Need to Consider a Revocable Living Trust?

Estate planning is an important part of financial security, and a revocable living trust can be a useful tool for many...

What Happens When Money is Put in a Trust Fund?

What Happens When Money is Put in a Trust Fund?

Putting money into a trust is a great way to pass ownership to someone in a structured manner, where you can impose...

How Much Money is Usually in a Trust Fund?

How Much Money is Usually in a Trust Fund?

Less than 2 percent of the U. S.

What Assets Should Not Be Placed in a Revocable Trust?

What Assets Should Not Be Placed in a Revocable Trust?

When it comes to estate planning, a revocable trust is a great way to ensure that your assets are managed and distributed ...

The Pros and Cons of Having a Trust

The Pros and Cons of Having a Trust

When it comes to estate planning, trusts are often seen as a great way to protect your assets and ensure that your loved...

Why Creating a Trust is Better than a Will

Why Creating a Trust is Better than a Will

Trusts are often used in estate planning as they provide a more efficient and faster way to transfer assets to heirs...

Why Rich People Put Their Money in a Trust

Why Rich People Put Their Money in a Trust

The wealthy often use trusts to protect their assets from court orders, preserve their privacy, and manage unique assets...

Which is Stronger: A Will or a Trust?

Which is Stronger: A Will or a Trust?

When it comes to managing your estate, wills and trusts are both legal documents that can be used. However, they are...

Is a Trust Worth It? An Expert's Perspective

Is a Trust Worth It? An Expert's Perspective

When it comes to estate planning, a trust can be an invaluable tool. It allows you to be very specific about how, when...

3 Advantages of a Trust Over a Will

3 Advantages of a Trust Over a Will

A trust offers several advantages over a will. Privacy is one of the most important benefits of using a trust instead of...

What to Expect When You Inherit Money from a Trust

What to Expect When You Inherit Money from a Trust

Inheriting money from a trust can be a complicated process, and it's important to understand what to expect when you...

The Pros and Cons of Establishing a Trust

The Pros and Cons of Establishing a Trust

Establishing a trust is a great way to protect your assets and ensure that your loved ones are taken care of after you...

The Pros and Cons of Putting Your House in a Trust

The Pros and Cons of Putting Your House in a Trust

Putting your house in a trust can have many advantages, but there are also some drawbacks to consider. Setting up a trust ...

The Benefits of Establishing a Trust: Is it Worth the Money?

The Benefits of Establishing a Trust: Is it Worth the Money?

Trusts are often wrongly associated with people who might have higher net worth, but they can be an important part of...

Who Holds Money in a Trust Fund?

Who Holds Money in a Trust Fund?

Trust funds are legal entities that contain assets or property on behalf of a person or organization. They are managed by ...

The Pros and Cons of Establishing a Trust

The Pros and Cons of Establishing a Trust

Establishing a trust is a great way to protect your assets and ensure that your loved ones are taken care of after you...

The Pros and Cons of Having a Trust

The Pros and Cons of Having a Trust

Having a trust can be a great way to protect your assets and ensure that your wishes are carried out after you die. But...

Understanding How Trust Funds Pay Out

Understanding How Trust Funds Pay Out

Trust funds are a great way to ensure that your assets are distributed according to your wishes after you pass away. The...

The Pros and Cons of Setting Up a Trust

The Pros and Cons of Setting Up a Trust

Setting up a trust can be a great way to protect your assets and ensure that your loved ones are taken care of after you...

Why Use a Trust Instead of a Will?

Why Use a Trust Instead of a Will?

Trusts are often used in estate planning as they provide a more efficient and cost-effective way to transfer assets to...

Understanding the Difference Between Wills and Trusts

Understanding the Difference Between Wills and Trusts

When it comes to protecting your loved ones, having both a will and a trust is essential. Although both wills and trusts...

The Difference Between Wills and Trusts: What You Need to Know

The Difference Between Wills and Trusts: What You Need to Know

When it comes to protecting your loved ones, having both a will and a trust is essential. A will is a legal document that ...

Does a Trust Fund Make Money?

Does a Trust Fund Make Money?

Trust funds are legal entities that provide financial, tax, and legal protection to individuals. They require a grantor,...

How long does it take to get money out of your trust fund?

How long does it take to get money out of your trust fund?

In the case of a good trustee, the trust must be fully distributed within twelve to eighteen months after the start of...

The Benefits of Trusts Over Wills: An Expert's Perspective

The Benefits of Trusts Over Wills: An Expert's Perspective

Trust administration is often a more efficient and cost-effective way to manage your assets than a will. It does not...

Do trusts have a time limit?

Do trusts have a time limit?

A trust can remain open for up to 21 years after the death of anyone living at the time the trust was created, but most...

The Benefits of a Trust Over a Will

The Benefits of a Trust Over a Will

When it comes to estate planning, both wills and trusts are legal documents used to manage your assets. However, they are ...

Weighing the Pros and Cons of Trusts

Weighing the Pros and Cons of Trusts

When it comes to estate planning, trusts can be a great tool for protecting your assets and ensuring that your wishes are ...