More on Revocable Trusts

In our last post we discussed the value of a revocable trust and how it can help people avoid probate.


Other reasons for creating a revocable trust include:

• Minimizing estate taxes
• Keeping assets available for children until they reach adulthood

Of course there could be additional advantages associated with creating a revocable trust that are unique to a family's specific circumstances. It's best to review your situation with an attorney and discuss the many reasons that revocable trusts are helpful to an estate plan.