Do You Need A Trust: Yahoo! Finance

Personal Finance Special Edition

Do You Need A Trust? 11 Questions to Ask Yourself

If you answer Yes to any of the questions, then you should seriously consider establishing a trust.

Do you have a financial interest in a business?
Do you have beneficiaries under the age of 25?
Do you have children with special needs, meaning they will never be able to financially support themselves due to a physical or mental disability?
Are you in a second or third marriage?
Are you on bad terms with any of your heirs?
Are any family members physically ill?
Is any family member developmentally disabled?
Is any family member in need of creditor protection?
Is any family member bad at managing money?
Do you own real estate of any value in more than one state?
Is your estate worth close to $1,000,000?

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Estate Planning on Yahoo! Finance

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