Tag Archives: Revocable living trusts
Reasons to Consider Implementing a Trust
Today’s most common estate planning strategy is to create a will that pours your assets over into a revocable trust. When you pass away, any assets you hold solely in your name become part of your estate. The will provides instructions to your personal representative to transfer those assets to the trustee of your trust. […]
The Stages of a Revocable Living Trust
Revocable living trusts are useful tools for avoiding probate and passing down assets to beneficiaries. There are several stages of operation for these trusts: Stage one: You, the grantor, are alive A revocable trust is created from the time you execute the trust. The trust will include information about how you can invest and spend […]