Protect your assets with Estate Planning by creating a revocable living trust with these 5 Must Have documents
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Estate Planning is not common knowledge. Most people have no clue what it means or how it's used. It can be one of the best ways to protect your assets and transfer your wealth without the hassle of the probate process. This video will discuss the 5 must have documents when creating a trust and how it's used. A living trust is not the same as a last will and testament, it's much more powerful!
When someone passes, the process of figuring out the validity of the will is through a process of probate. In order to avoid heavy tax penalties and potential debts, creating something like a revocable living trust is essential when transferring your estate.
Here are the 5 must have documents when creating a trust. Please consult an estate planning attorney at some point in
1. Last Will & Testament - www.rocketlawy...
2. Durable Power of Attorney - www.rocketlawy...
3. Power of Healthcare -
www.rocketlawy...
4. Living Will -
www.rocketlawy...
5. Living Trust
www.rocketlawy...
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