There are many tools people can use in their efforts to achieve their estate planning goals. This includes trusts. Today, we'll go over one particular type of trust: The testamentary trust.
It appears that it is becoming much more common to not wait to get married to buy a home.
It is not uncommon for people to live alone in their later years. According to federal data, here in the U.S., around 19.5 million individuals age 65 and over were unmarried in 2016. Special concerns can arise for elderly individuals who live by themselves.