A
revocable living trust is a useful estate planning tool that allows individuals to manage their assets efficiently while ensuring a smooth transfer of wealth. Unlike a will, a revocable living trust helps avoid probate, offering a faster and more private way to distribute assets.
At Phi Nguyenlaw, we emphasize the importance of having a structured estate plan in place. With a revocable living trust, you retain control over your assets during your lifetime and can make changes whenever necessary. It also provides flexibility in naming beneficiaries and appointing a trustee to handle your estate.