What advantages does a living trust offer over a will?

So you are sitting around writing down your new year resolutions: quit smoking, lose ten pounds, start jogging, and most importantly hire an attorney to draft that will you have been putting off for years. Alright, so no one made it there resolution to have a will drafted, but it still makes for a nice segue into my first blog entry of the year:

What is estate planning?

Estate planning is a process. It involves people—your family, other individuals and, in many cases, charitable organizations of your choice. It also involves your assets (your property) and the various forms of ownership and title that those assets may take. And it...