The use of a revocable trust can be an important estate planning technique for non traditional families and same sex couples. All estate planning should begin with the four key documents but non traditional families and same sex couples need to take that planning a step further. A revocable trust is established during a person’s lifetime and the trust document names a trustee and one or more successor trustees to Read More
Overview of Trusts
A trust is a separate legal entity created for a defined purpose. In estate planning that purpose is often to reduce a taxable estate or to care for loved ones who are unable to manage their finances. Trusts can be a great tool to accomplish your goals. The person who creates the trust is called the grantor or settler. The trust is created as either a revocable or irrevocable trust. If a trust is revocable the Read More
