You don't need to be a multimillionaire to be benefit from a revocable trust (also known as a "living trust"). Anyone with a sizable estate and concerns about preserving its privacy and passing it safely to their heirs can derive some value out of these vehicles. Read through the gallery above for some of the most important facts and strategies that you and your clients should know about revocable trusts. --- Related on ThinkAdvisor:
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Year-end 2024 Tax Topics Checklist