Who Needs A Living Trust?

People often don’t think about having a trust until they’re older, but parents – especially those with minor children – can also benefit from a living trust because it can serve as a guide for others to follow if something were to happen, says Dea Ann Frazier, Trust Officer at Oregon Pacific Bank in Florence. Living trusts can help preserve and protect assets during a person’s lifetime and secure their family’s financial future at the same time, she says. Prior to her work at Oregon Pacific Bank, Dea spent 25 years in the legal field as a legal assistant and law office administrator. Watch the video to learn more about the benefits of living trusts.

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