Review some essential ideas that you should understand if you want to get the most out of revocable living trusts.
A revocable living trust is an asset transfer vehicle that can facilitate efficient asset distributions outside of the legal process of probate. This type of trust can be useful for people of relatively ordinary means. If you use a will instead of a trust, the probate process enters the picture, and it can be time-consuming and expensive.
To learn more about revocable living trusts, schedule a consultation with a licensed estate planning attorney.
Click here to read the whole article or download the PDF.
- Navigating the Emotional Side of Estate Planning - September 29, 2023
- The SECURE Act – the Gift That Keeps On Giving - September 27, 2023
- Understanding the Importance of the Simultaneous Death Act - September 25, 2023
Leave a Reply
You must be logged in to post a comment.