Will, Trusts & Estates: Plain and Simple – Back to Basics: Wills & Revocable Trusts

July 09, 2018

Wills and revocable trusts basically do the same thing – each is a document in which you give away your assets to your beneficiaries upon your death.  Both can be revoked and changed whenever and as often as you desire.  In fact, a revocable trust is also known as a “will substitute”.

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Reprinted with permission from Lloyd Harbor Life, July, 2018.

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  • Related Practice Areas: Trusts & Estates
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