Trusts have been around for centuries. They’ve in fact been utilized longer than wills have been used.
The revocable living trust got much popularity in the 1970s and continues to be an extremely appreciated planning tool.
Your revocable living trust can do lots of things for you.
For example, your trust can:
Organize your assets
Your trust is not a magic book. It requires help.
You need to upgrade your trust (and your whole estate plan) every 3 to five years or upon the incident of a significant life occasion (i.e. divorce, remarriage, death, move, and so on)
If you have questions about the revocable living trust, what it can do for you, and what you require to do for it, talk to a certified estate planning attorney.Share