Category:
Trusts
The most common type of living trust is a revocable living trust, which is a document that appoints “trustees” to manage assets for your benefit for life, then for your beneficiaries after you pass away. Living trusts can help avoid probate court and can be useful to maximize control, minimize conflict, minimize costs, maximize privacy, and avoid guardianship in some cases. It is a myth that trusts are only for the wealthy. They are not right for everyone, so consult an estate planning attorney for more information.
