• Lifestyle

    Understanding Revocable Trusts – An Overview

    Benefits and Drawbacks of Revocable Trusts A revocable trust, also known as a living trust, is a legal arrangement where the grantor (the person who creates the trust) transfers ownership of their assets to a trustee, who manages them on behalf of the beneficiaries named in the trust document. Revocable trusts offer several benefits, but they also have some drawbacks…

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