Revocable Living Trusts – Why would somebody have one?

Musings & Counsel Podcast
Musings and Counsel from London Baker Law
Revocable Living Trusts – Why would somebody have one?
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People often think they need a Trust when they don’t. It does depend on how large there estate is; are there minor children; are there special needs children or adults; are there situations where you don’t want someone to receive a large amount of money all at once.

And they’re ‘revocable’ in that whoever establishes the Trust can change it any time without permission of a beneficiary.   Last Wills and Testaments, if filed with a court after a death, are available to the public at large. Trusts are not.

About London Baker Law, P.A.

We have a unique perspective on estate planning that serves our clients well. We thoroughly review not just your assets and your wishes but your legacy. We ask the questions “What’s in the best interest of this family, how do we achieve those goals and what kind of legacy do you want to leave behind?” After answering these key questions, we help you determine the best course of action for your family going forward.

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