Clients who are thinking about revising their estate planning documents may want to consider creating a Revocable Trust as part of their estate plan. Although a Revocable Trust may not make sense for all clients, for those clients in the following circumstances, a Revocable Trust can save substantial probate court costs and other estate administration expenses after the client’s death, while enabling the client to retain complete control over the assets transferred to the Revocable Trust during the client’s lifetime.

Ideal candidates for a Revocable Trust...