A will is the most common way, but it's not the only option. There's also a living trust. A living trust has many benefits but isn't ideal for everyone. Is it the right option for you? Let's take a ...

A legal expert tells PEOPLE how Gene Hackman's estate is affected by his wife Betsy dying before him and who might inherit their wealth now.

He shares how the probate process caused tension between his siblings. He also harbored frustration over one unanswerable ...

A living trust is an estate planning tool that can allow you to maintain control over your assets, specify how they should be distributed and even protect them from legal challenges or financial ...

Putting your home in a trust can protect your assets while you’re alive and make the ownership transfer easier after your ...

Trust and family law attorney David A. Esquibias, who isn't affiliated or involved with the estate, tells People magazine in a March 18 interview that the Hackmans had a pour-over will, so whether ...

If you have established a living trust and own real estate, you were likely advised to transfer the real estate to your trust. A living trust may ...

Living trusts allow you to avoid the probate process, which can be expensive and lengthy. A will is easier to set up and maintain than a living trust. Living trusts may make more sense for public ...

He also harbored frustration over one unanswerable question: “Why didn’t Dad create a living trust? It would’ve made things so much simpler.” Credit Pete for following his own advice.

A will is the most common way, but it's not the only option. There's also a living trust. A living trust has many benefits but isn't ideal for everyone. Is it the right option for you? Let's take ...