{"id":1243,"date":"2020-06-03T06:42:29","date_gmt":"2020-06-03T06:42:29","guid":{"rendered":"https:\/\/www.retirementrefined.com\/videos\/whats-the-difference-between-a-will-and-a-living-trust\/"},"modified":"2020-06-03T06:42:29","modified_gmt":"2020-06-03T06:42:29","slug":"whats-the-difference-between-a-will-and-a-living-trust","status":"publish","type":"oi_video","link":"https:\/\/www.retirementrefined.com\/videos\/whats-the-difference-between-a-will-and-a-living-trust","title":{"rendered":"What&#8217;s the Difference Between a Will and a Living Trust?"},"content":{"rendered":"\r\n                \r\n                <figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube\"><div class=\"wp-block-embed__wrapper\"> \r\n                <iframe title=\"What&#039;s the Difference Between a Will and a Living Trust?\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/ZDLQaZe42ZA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\r\n                <\/div><\/figure>\r\n                Retirement Refined LLC<br \/>\nhttps:\/\/retirementrefined.com\/<br \/>\n(856) 354-3200<br \/>\npaul@retirementrefined.com<br \/>\n<br \/>\nA \u201cLiving Trust\u201d is a trust you created that is active while you are alive versus a Testamentary Trust which becomes active at your death. When you create a Living Trust, you ensure that your assets will be disbursed efficiently to the people you choose after your death. The big advantage to a Living Trust is that the trust doesn&#8217;t have to go through probate court like a will does. Probate can be expensive in attorney and court costs while also causing long and frustrating delays.  <br \/>\n<br \/>\nA Living trust is an arrangement under which one person, called a trustee, holds legal title to property for another person, called a beneficiary. You can even act as your own Trustee if you&#8217;d like. When you create a trust, the titling of assets is changed into the trust&#8217;s name, as if it was a living entity. Specific details of your wishes upon death can be provided for in the trust.  <br \/>\n<br \/>\nBut not everyone needs a trust. Transfer of assets at death may be handled through a beneficiary designation on some holdings and investments. If you&#8217;re using beneficiary designations, make sure all your paperwork is up to date.  For instance, if you get divorced, be sure to remove your ex-spouse as a beneficiary.  <br \/>\n<br \/>\nFor more information about how to plan well for your family&#8217;s future, give us a call today. <br \/>\n<br \/>\nhttps:\/\/youtu.be\/ZDLQaZe42ZA","protected":false},"excerpt":{"rendered":"<p>Retirement Refined LLC https:\/\/retirementrefined.com\/ (856) 354-3200 paul@retirementrefined.com A \u201cLiving Trust\u201d is a trust you created that is active while you are alive versus a Testamentary Trust which becomes active at your death. When you create a Living Trust, you ensure that your assets will be disbursed efficiently to the people you choose after your death. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1246,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"post_statement":"","post_description":"","post_cta":"","post_button":"Read More","post_button_url":"","video_url":"","video_yurl":"","video_source":"","video_transcript":"","footnotes":""},"categories":[],"tags":[],"video_cat":[],"_links":{"self":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/oi_video\/1243"}],"collection":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/oi_video"}],"about":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/types\/oi_video"}],"author":[{"embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/comments?post=1243"}],"version-history":[{"count":0,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/oi_video\/1243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/media\/1246"}],"wp:attachment":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/media?parent=1243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/categories?post=1243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/tags?post=1243"},{"taxonomy":"video_cat","embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/video_cat?post=1243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}