2024-09-24 11:05
Consider setting up a revocable trust instead of naming your kids as direct beneficiaries. It allows you to keep control of your assets while you’re alive, and when you pass, your kids can avoid the lengthy probate process and access the assets immediately. It's flexible and can be changed at any time, unlike an irrevocable trust which offers more protection but requires giving up control. Consult with an attorney to see which option fits your needs! #EstatePlanning #Trusts wealthmanagement