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Showing posts from December, 2021

Do You Have a Revocable Living Trust? Here is Why You Should.

       Do you have a revocable living trust?  Do you even know what it is?  Here I am going to try to explain what it does and how important it is for you to create one.  I think you will be pleasantly surprised by how much you will enjoy the peace of mind of knowing that your assets will be allocated exactly as you had planned.  Furthermore, you can place conditions and rules about those assets that are in place long after you are gone.         A revocable living trust is just that, a trust document.  It’s more of a series of documents that list all of your assets and how, when, and to whom they should be appropriated.  This is beneficial for anyone that owns the property, equity in their home, rental property, investments, life insurance, a side hustle, crypto or stocks, or an IRA to name a few.  You are the grantor of the trust.  Your assets will be owned by your trust which is in your control and can be used by you throughout your life. This trust can be edited at any time througho