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MSU Extension discusses trusts as a tool to handle financial affairs

 


MSU News Service

BOZEMAN — Trusts have gained more attention during the coronavirus pandemic as a tool to handle financial affairs, according to Montana State University Extension educators.

But trusts might not be the right choice for everyone, and individuals should learn the pros and cons of the different types available, said Marsha Goetting, MSU Extension family economics specialist, and Wendy Wedum, Pondera County Extension agent. People should also consider whether there are other legal arrangements to achieve their goals, such as a financial power of attorney or a written will...



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