Living Revocable Trust
Learn how a living revocable trust can offer flexibility in estate planning, helping you manage your assets during your lifetime while planning for the future.
How does a living revocable trust provide flexibility in managing assets?
A living revocable trust allows the grantor to maintain control over their assets while alive, offering flexibility to modify trust terms or even revoke the trust entirely. This ability to make changes is beneficial if your financial situation or family dynamics change. Unlike irrevocable trusts, which restrict changes post-creation, a living revocable trust offers a versatile tool in estate planning by potentially simplifying the transfer of assets upon your passing and ensuring your privacy by avoiding probate.
