On Friday, August 20th at 11 a.m. EST, Mr. Berger discusses what a Survivor’s trust is, and why it's needed.

The surviving spouse receives complete control of the Trust and is the beneficiary and Trustee of said Trust.

Half of joint property goes into a survivors trust or anything owned equally. Any separate property owned by survivor can also go into a survivor’s trust.

It can be turned into a revocable trust and re-written by the survivor. It is reported under their social security number. We want to adjust assets to fair market value.

Submit your question

Bring your questions about estate planning and administration to our weekly Facebook Live with Mr. Berger on Fridays at 11am EST. Leave your email if you’d like to receive a notification of our response.