Tommy Blackburn, CFP®, CPA, PFS, of Mason & Associates reviews the basics of revocable trusts and how they can be used within an estate plan.
About the Episode:
• We are not attorneys. This is not legal advice.
• A revocable trust is essentially a contract that dictates how assets are distributed and/or managed at your death.
• A revocable trust can be changed/amended at any time.
• Trusts help to avoid probate.
• Trusts may add complexity to your plan.