You Should Decide Where Your Money Will Go
Alisya Clayton • May 21, 2013
You earned it, you should decide where your money will go upon passing. When you effectively use a Revocable Trust, you will:
- Have complete control of your property while you are alive;
- Be able to avoid probate;
- Reduce if not eliminate all estate taxes;
- Leave your detailed instructions for where your money will go; and
- Avoid having a court appoint a conservator to take control of your assets if you become incapacitated (i.e. if you’re in a coma).
I help my clients tailor a Trust to their personal needs. I also work with clients to create detailed instructions in their Trusts, stating exactly what they want to have happen with their property. I’ll discuss the big picture with my clients, talk about estate tax issues, and advise them on the benefits of each option.
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