As
noted in a previous article,
for a Revocable Living
Trust to operate as intended,
it has to be funded.
If you fail to be thorough
to ensure that your Revocable
Living Trust has either
present title to your
assets or will have future
title to them, then your
estate might not be able
to avoid Probate Court.
Fees for establishing
a Revocable Living Trust-based
estate plan are higher
than the fees for establishing
a Will-based estate plan.
These fees have to be
considered in light of
the customary probate
fees in your jurisdiction.
In some jurisdictions
the benefits of avoiding
Probate Court are greater
than in other jurisdictions.
If
you would like more
information regarding
asset protection, trusts,
family limited partnerships
or the subject of this
article please call
or email our office.
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