Trusts have been around for centuries. They’ve in fact been used longer than wills have actually been used.
The revocable living trust got much popularity in the 1970s and continues to be an extremely appreciated planning tool.
Your revocable living trust can do many things for you.
For example, your trust can:
Organize your assets
Your trust is not a magic book. It requires help.
You need to upgrade your trust (and your entire estate plan) every 3 to 5 years or upon the event of a major life occasion (i.e. divorce, remarriage, death, move, and so on)
If you have questions about the revocable living trust, what it can do for you, and what you need to do for it, seek advice from with a competent estate planning attorney.