Living Revocable Trust

What are the main benefits of a living revocable trust?

A living revocable trust offers several key benefits including the ability to maintain control over your assets during your lifetime, flexibility to modify or revoke the trust as circumstances change, potential avoidance of probate proceedings, and privacy protection for your family. Unlike irrevocable trusts, you retain the power to make changes, making it a versatile estate planning tool that can adapt to your evolving needs.