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What Is a Revocable Living Trust?
A revocable living trust is a document that an individual or a couple creates that designates the management and beneficiaries of assets. The document is similar to a will in that it is revocable, meaning that the parties creating it can modify or nullify it at any time. The parties creating the trust must give detailed instructions for the overseeing and distribution of all assets, including cash, property, insurance benefits, valuables, investments and other accounts.
Daily Baby: Gwyneth Reveals Post-Partum Depression, Ashlee's Dad Hitting Mag's Up for Cash
Gwyneth Paltrow reveals in the May issue of Vogue that she battled post-partum depression after welcoming her second child, son Moses, in 2006. “I didn’t know I had it until after it was over,” the actress, 35, says. “I just didn’t know what was wrong with meI felt really disconnected. I felt really down … I felt pessimistic.”
Sad News: John Travolta & Kelly Preston's Son Dies After Seizure
(Reuters) – The teenage son of actor John Travolta died suddenly on Friday during a family vacation in the Bahamas, according to the family’s lawyer. Jett Travolta, 16, suffered a seizure at his family’s vacation home at the Old Bahama Bay Hotel on Grand Bahama Island, attorney Michael Ossi said. Attempts were made to revive him, but he died at the scene, Ossi said. Jett, who had a history of seizures, was the eldest child of Travolta and his wife, actress Kelly Preston. They also have a daughter, Ella Blue, who was born in 2000.
"I want my children," Announced Debbie Rowe, Michael Jackson’s Ex
“I want my children. I’m stepping up. I have to.” Debbie Rowe stated during an interview with NBC-LA. A judge delayed the guardianship hearing that was scheduled for Monday in response to a request by Rowe and Jackson’s mother’s attorneys. The hearing was rescheduled for July 13th. Katherine Jackson will retain temporary guardianship of the three children until the hearing.
How to Choose the Right Guardian for Your Children – Just in Case
Nobody wants to think about the worse befalling their family. But if you want whats best for your children, you would be wise to choose a guardian to take care of your little ones, should any unplanned tragedies happen. Its not easy to think of anyone else raising your …