The flexibility of your living trust is something that impacts your estate and your loved ones in a huge way. This flexibility either prohibits or empowers your fiduciaries and loved ones to make choices concerning your estate. If you’ve completed your plan and issue of the flexibility of your living trust has never been addressed, I […] Read more
Revocable Living Trust Florida
While this article concerns a Florida revocable living trust (AKA “inter vivos trust”), the concept is very similar from state to state. Taking the term “living trust” or “revocable living trust” down to its component parts means that the first question is what is a trust, and then what does “living” and “revocable” say about […] Read more
There are a lot of questions and general confusion about the differences between revocable living trusts and irrevocable trusts, which are the two primary types of trusts, and in this article I will explain the key differences by discussing the definitions, uses, benefits and drawbacks of each. Defining a Revocable Living Trust A “living trust” is […] Read more
