The Downside of a Revocable Trust | Rich Life Letter #118
Happy Sunday!
Today I wanted to talk about the downside of a revocable trust.
And, to be honest, this is going to be a short post, because there is no downside to a revocable trust.
That doesn’t mean that everyone needs one, but for those that do, it’s a no brainer.
Probate avoidance? Check.
Easy to update? Check.
Retain complete control over assets? Check.
Control and management after death? Check.
Easy administration after death? Check.
There’s just no downside to a revocable trust.
Estate planning is designed to protect you while you’re alive and make it easier for your family when you’re gone.
And that’s exactly what a revocable trust does.
That’s it!
Have a great week!
Cheers,
Christopher Small
Owner
CMS Law Firm LLC
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