A trust can be a powerful tool in your estate planning efforts. Your estate plan is a clear symbol of the time and care you have poured into protecting your financial legacy and passing it to those you love – in accordance with your wishes. When you understand what trusts have to offer, it can help bolster your peace of mind in relation to your ability to continue caring for your family members once you’re gone. Turn to a trusted online estate planning platform for the skilled guidance and safe document storage you are looking for.
Estate planning can be time-consuming and complex, but it is often well worth the effort. Developing a solid estate plan is crucial to protect yourself if you become incapacitated and your family after you pass away. While a will is the most common estate planning tool, other options may be more suitable depending on your circumstances. One such option is a revocable living trust. A revocable living trust allows you to transfer your assets to the ownership of a trust during your lifetime. The owner of the trust, or "grantor," retains control over theread more