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

Farrell Fritz, P.C.
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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”.

Originally published in Lloyd Harbor Life, July, 2018.

Please see full Article below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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