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Do I need a revocable trust?

“I need a trust to protect my assets” is a statement I often hear from prospective clients. Their family members or friends have trusts and they think they need one, too. But, everyone does not need a trust. There are great reasons to create trusts and here are some of them:

} It’s all about the Control.

} Governmental Assistance

} Medicaid Planning

} Spendthrift

} Addiction

} Ease of Administration

If any of these conditions apply to yourself or your intended beneficiaries, then a conversation with an estate planning attorney is in order.

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