Understand how to set up a revocable trust.
A revocable trust, also called a living trust, is an estate-planning tool that allows you to safeguard assets for your inheritors. With this kind of trust, you can hold title to and manage your assets—as well as revise the trust as you wish—while you’re still alive. This tool is useful for avoiding the costs and hassles of probate, and your assets are likely to pass to your heirs sooner than with just a will alone. It’s best to be prepared as soon as possible, so call Robinson & Henry for your free consultation today.