The average cost of a revocable living trust lies between $1,000 and $3,000. The average cost varies vastly because of the different rates of service offered by the lawyers drafting the trust as well as the complexity of... More »

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A revocable living trust is created through the grantor's signature on a living trust document and the transfer of all property into the name of the trust, according to Nolo. The grantor is the individual for whom the tr... More »

www.reference.com Business & Finance Financial Planning

A revocable living trust is an estate planning tool that is used to avoid probate and decide how a property is split up after the owner's death. It can be changed later by the person who set it up, as long as he is still... More »

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Personal assets that can go into a revocable living trust include checking and savings accounts, brokerage accounts not for retirement, stocks and bonds, real estate, small business holdings, patents, copyrights, and rig... More »

www.reference.com Business & Finance Financial Planning

Benefits of a revocable living trust include privacy in estate planning, the possibility of planning for mental disability and other incapacitating circumstances, and the avoidance of probate, states About.com. Revocable... More »

www.reference.com Business & Finance Financial Planning

The disadvantages of a revocable living trust include the expense of setting up the trust, the difficulty in transferring assets into the trust, and the fact that a will is still needed to supplement it, states About.com... More »

A revocable living trust is an estate planning tool that is used to avoid probate and decide how a property is split up after the owner's death. It can be changed later by the person who set it up, as long as he is still... More »

www.reference.com Business & Finance Financial Planning