How is a revocable living trust different from a will?

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Living trusts and estate planning

How is a revocable living trust different from a will?

A key reason why some people prefer an RLT is that, unlike a will, it means that there is no need to probate your estate. Also, assets can be passed directly to the beneficiaries immediately after your death. A Revocable Living Trust, unlike public probate records, remains private. Should you, sadly, ever become incapacitated, it can prevent a court from taking control of your assets.

Another key advantage of an RLT is that you can remain in control, while all your assets are transferred into it. As the trustee of your trust, you can still manage these assets as you might when you owned them.

If this sounds like a course you might wish to follow, talking to an experienced estate planning attorney here at Meurer Law Offices in Denver is an excellent first step…

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