US EditionPros and Cons of a Revocable Trust - DWC CPAs and Advisors
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Pros and Cons of a Revocable Trust - DWC CPAs and Advisors
A revocable trust (sometimes referred to as a “living trust”) is a popular estate planning tool that allows you to manage your assets during your lifetime and ensure a smooth transfer of those assets to your family after your death. Plus, trust assets bypass the probate process, which can save time, reduce costs and maintain privacy. However, like any legal instrument, a revocable trust has certain disadvantages. How a Revocable Trust Works A re…
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