1. Who Is a Good Fit for a Revocable Living Trust?
- You want to avoid probate when you pass away and keep your affairs out of court.
- You want a clear plan for who manages things if you become incapacitated.
- You own at least $300,000 in home equity or $200,000 of cash and investments
- You want flexibility — the ability to change your plan at any time.
If most of these describe you, a revocable living trust is likely a strong fit.
2. What a Revocable Living Trust Does (In One Sentence)
A revocable living trust keeps your estate out
Continue Reading Are You an Ideal Candidate for a Revocable Living Trust?