Why You Need A Revocable Living Trust
Many people establish trusts as a way to designate property to beneficiaries and to plan for the avoidance of probate upon the creator’s death. But many types of trusts are available, and it can be difficult to know which one to choose based on your specific needs and goals.
One common and useful trust is a revocable living trust. Many people establish this type of trust because it offers protection and flexibility. The attorneys at Robertson, Oswalt, Nony & Associates, can help you determine if a revocable living trust is right for you.
To schedule a consultation to discuss what type of trust or trusts may be right for you, please complete our online contact form.
What Is A Revocable Living Trust?
A revocable living trust is a type of trust that can be changed or revised when needed. Conversely, an irrevocable trust is a type of trust that cannot be changed.
Life circumstances change. People get divorced, and people get remarried. Family members die. Other changes occur. A revocable living trust is a good option for people who want flexibility and financial protection.
We can also help you establish other types of trusts, including irrevocable trusts, life insurance trusts, special needs trusts and others.