Aug 122011
 
Another Use For The Revocable Living Trust - Avoid “Living Probate”

Many of us are familiar with the high price of going through the probate process after the loss of a loved one.  Court costs, attorney’s fees, and other expenses can serve as a constant strain on the financial well-being of a decedent’s estate and the probate process is both time consuming and complicated.  Oftentimes, a qualified estate planning attorney will recommend the use of a revocable living trust as an easier and less-costly alternative to probate for accomplishing the transfer assets after death. But what about probate that takes place while an individual is still alive?  Often termed “living probate,” More…