Revocable Living Trust

Revocable Living Trust – an effective way to siplify the management and transfer of your assets. 

A trust directs your trustee to hold specified assets for designated beneficiaries and since administering a trust does not involve the probate process (if assets, not tax-qualified assets, are properly titled to the trust), the beneficiaries will avoid probate administrative burdens. Trusts can be an effective way to simplify the management and transfer of your assets. A revocable “living” trust allows you to revise the terms of the trust as your financial situation or the needs of your heirs change. You maintain access to the assets held in trust. An irrevocable “living” trust generally cannot be changed once established. It may also have some tax advantages. 

 

For more information please contact your Professional Advisor or Theresa Erickson, Executive Director at contact@PineBeltFoundation.org or call 601.583.6180