In a recent article, Timothy L. Takacs discusses what not many people talk about regarding living trusts. From when you should create a living trust, to lessons learned through years of practice, Timothy gives great insight into this important part of estate planning.

Hidden Secrets Behind Living Trusts

A living trust is revocable. That means that even though the trustor transfers assets to a living trust, the trustor can get his or her property back by revoking the trust. In most living trusts created in the United States, the trustor, trustee and beneficiary are all the same person.
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