Extension Office: Living Trusts as An Estate Planning Tool

To prepare for an ever-changing financial future, Montana State University Extension educators suggest couples should designate a “contingency day” to review finances and re-examine their financial lives. “The same suggestion applies for a single individual,” added Kaleena Miller, Madison-Jefferson County Extension Agent.

Marsha Goetting, MSU Extension Family Economics Specialist, suggests that the contingency day take place once a year – perhaps on an anniversary, birthday or another easy-to-remember date – to help plan for your financial future. The other reason is to make...