Using a trust to avoiding probate is a strategy that allows one to avoid 1. the expense associated with probate such as court costs, appraiser fees, attorney fees, and executor fees, 2. the undue delay caused by court required paper work and statutorily required waiting periods, and 3. the public nature of probate proceedings. Benefits of a Living Trusts Trusts are powerful tools that serve the purpose...

Benefits of an A-B Trust An A-B Trust also known as a credit-shelter, bypass, or family trust is a tax saving device that allow the maximum amount of property to pass to your inheritors without tax for a couple whose assets are above the estate tax exemption, which is $2 million for 2008.  An A-B Trust, Credit Shelter Trust, Bypass Trust, or Family Trust preserves the estate tax exemption for each...