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Wills and Revocable Living Trusts
WILLS
There are a few key advantages of revocable living trusts. Revocable living trusts hold title to assets before death. Revocable living trusts also provide a center for management when they are funded. You can name appoint a trustee, guardian, or conservator can be named to act on behalf of you during your lifetime. Assets held or titled to your trust dodge probate. Furthermore, revocable living trusts can split into additional trusts.
Probate
Will
Assets
Death
Family Trust
Marital Trust
Revocable Living Trust
