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Learning About The Advantages And Disadvantages Of A Living Trust?

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By Author: Jim Turner
Total Articles: 8
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As you probably already know, one of the best ways to find information on the advantages and disadvantages of a living trust is the internet. The problem with the internet is that it’s so vast and so wide that it’s hard to verify if the information is accurate and pertains to your situation. This article will give you some helpful resources to find info on the pros and cons of trusts.

YouTube

YouTube is a great place to find information on trusts. In fact, practicing attorneys from many different states publish videos on YouTube answering very specific questions involving the advantages and disadvantages of a living trust. It’s definitely a great place to start.

Pros of using YouTube

Video is great because it is easy to get a good understanding of the topic you are interested in quickly. Generally, it is a lot easier to watch a video than it is to read an extensive article.

When you see a video of a lawyer explaining the ins and outs of a living trust, you feel like you’re talking to somebody. You feel like somebody is relaying real knowledge to you and the inflection in their voice can help you understand which topics are important. Also, it is easy to rewind an watch over and over again until you have the information you need.

The cons of YouTube

The downside of YouTube is that it’s not like an article that you can skim until you find a bullet point or headline that contains the information you need. This means you may have to sit through the entire video until you find what you are looking for.

Also, video can be more difficult for content creators to produce. Depending on what you are looking up, there may be more quality articles vs videos.

Wikipedia

Wikipedia is a good place to find general info on the advantages and disadvantages of a living trust. If anything, Wikipedia will give you a very high level view.

Pros of Wikipedia

The great thing about Wikipedia is that it’s always updated. In fact, there are many editors working on the same page. Most of the information is up to date and it is a good place to get an overall synopsis of the topic you are researching.

Cons of Wikipedia

The problem with Wikipedia is usually, it’s rarely state-specific and even if they have a state section, it’s fairly shallow. You can’t really blame Wikipedia because it’s such a big resource covering so many areas and managed by so many people.

Trust attorney websites

Trust attorney websites are definitely great places to find information. Make sure you find a lawyer in your state or local to you because will and trust law changes depending on the state you live in. In many cases these attorneys have many years of experience in writing living trusts and they so they provide helpful information on their websites.

The pros of attorney websites

The big advantage of these types of sources is the fact that you are getting focused information written by professionals in the exact area of law you need. These are lawyers who are certified in their state and know exactly how living trusts and wills operate.

The cons of attorney websites

Of course, an attorney will promote themselves on their websites. That is the whole point of having a website for your business. Just make sure that if you like an attorney and you want to work with them, you set up an initial consultation to speak with them first.

Consult with local professionals

Actual local practitioners are lawyers in your specific area who practice trust law. They know the ins and outs of writing a living trust. These are great resources because you get to interact with them face to face. You should definitely set up a meeting to speak with a trust attorney about the advantages and disadvantages of a living trust
.

Author can be reached through web page
https://rochesterlawcenter.com

More About the Author

Jim Turner is a USA based author of Legal issues related to estate planning, will & trust , business law and elder law .Jim Turner does his best writing on these topics that helps users to find the best solutions to their FAQ on estate planning , probate , living trust. Jim Turner also writes for Michigan families and businesses secure their futures in all matters of Wills, Trusts, Estate Planning, and Business Formation and was the estate plan Consultant for the several estate planning firm in Michigan. Rochester Law Center

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