896: Friday Q&A: Citizenship by Investment, Marketing an RIA, Medicaid or Not, Learning Spanish, Wills & Trusts
Radical Personal Finance
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The Big Benefit of a Revocable Living Trust
A revocable living trust can be an extremely useful thing in financial planning. It will not provide any form of asset protection, but it provides a measure of privacy over your affairs. The most important assets you have are usually your retirement accounts and those don't ever get titled into a revocableLivingTrust. For most people, my answer as to how to take care of things for your children is to establish a testamentary trust.
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