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The Good, the Bad, and the Ugly of Revocable Living Trusts – Part II: The Bad | Stacey Romberg
As I wrote in my previous post on this topic, Revocable Living Trusts are perhaps the most misunderstood of all estate planning documents. A Revocable Living Trust allows a person’s assets held in the trust to be distributed outside probate, which is often touted as one of a Revocable Living Trust’s primary benefits. The assumption …