Revocable Living Trusts

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

b'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'