Podcasts Government For Your Benefit Revocable Living Trusts

Revocable Living Trusts

Published: Sept. 20, 2021, 2:30 p.m.

September 20, 2021 on ForYourBenefit, host Bob Leins, CPA\xae welcomes Anne Sullivan, Esq. and Lacey Yegen, Esq.\xa0 This is a common topic, but one that people ask a lot of questions about.\xa0 Today\u2019s program plans to address:\n\nTypes of trusts\nRevocable living trusts explained\nAdvantages and drawbacks of having a revocable living trust\nAre you the right candidate for a revocable living trust?\nWhether to get a joint or separate revocable living trust\nRetitling assets to the living trust\nWhat a revocable living trust will\xa0not\xa0do\xa0for you (asset protection and Medicaid planning)\nCommon questions and pitfalls to avoid (e.g., refinancing home in trust; how to amend/revoke a living trust; what happens if the trust is not funded; accidentally making a revocable living trust a beneficiary of a tax-deferred retirement account)\nHow trust administration works after death.\n\nSend in a question:\xa0 Email us in advance at\xa0ForYourBenefit@nitpinc.com