Tag: asset protection

Revocable Living Trusts and the Asset Protection Myth

Undoubtedly the use of Revocable Living Trusts in estate planning has become an inexpensive, yet valuable, alternative to a Last Will & Testament for middle class Americans.  The major benefit to using a revocable living trust is probate avoidance.  Decades ago, one would only see the most wealthy individuals using trusts for the transfers of

 

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