Does my estate plan need a revocable living trust?

 

Most people want their estate distributed according to their wishes while minimizing the stress on their family. Including a revocable living trust in your estate plan allows you to direct the distribution of your estate without your family needing to go through the often lengthy and expensive probate process. Additionally, a trust maximizes your control by allowing you to name the person, the successor trustee, who will control and distribute the trust’s assets at your death. Your successor trustee is required to carry out the instructions you listed in your trust regarding the management and distribution of its assets.

 

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