Does a trust make sense?
Source: http://money.cnn.com/magazines/moneymag/money101/lesson21/index6.htm
 
The notion of a legal trust may conjure up images of country clubbers cradling gin-and-tonics.
The truth is a trust may be a useful estate-planning tool for your family if you have a net worth of at least $100,000 and meet one of the following conditions, says Mike Janko, executive director [...]

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Top things to know
Source: http://money.cnn.com/magazines/moneymag/money101/lesson21/
1. No matter your net worth, it’s important to have a basic estate plan in place.
Such a plan ensures that your family and financial goals are met after you die.
2. An estate plan has several elements.
They include: a will; assignment of power of attorney; and a living will or healthcare proxy [...]

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