Revocable Living Trust Planning
The main purpose of a living revocable trust is to allow the assets you place in it to pass directly to your beneficiaries, avoiding the Probate Court process.
Unlike a will, it is not a public record, which may be important if one of your beneficiaries is a vulnerable person.
A trust is a legal arrangement prepared by an estate planning attorney that allows you to control & protect your assets during your lifetime & determine how they will be managed or distributed after your death. Several estate attorneys estimate the cost of creating a trust to range from approximately $2,500 to $5,000.
