What's the difference between a Living Trust and a Revocable Trust? The answer is simple. There is no difference. My opinion is that lawyers coined the name "Living" trusts because "Revocable" was too confusing to most people. The term living implies before death, so it is easier for people to understand. A "Revocable" trust is...

As of January 1, 2016, there is a new estate planning tool available to residents in California.  It’s called a “transfer on death”, or TOD deed.  The TOD deed allows owners of certain residential real property to name one or more beneficiaries to receive title to the property upon death, thus avoiding the need to…