What is a living trust?

Trust concept

A living trust is a document where you appoint a chosen individual to manage your assets should you become incapacitated and distribute them to your family at your death.

More importantly, a trust is not just for wealth people.

There are different types of trusts. The more popular one is a revocable living trust. Here, you maintain total control over assets during your lifetime. Selecting the correct type of trust for you and your family will depend on the value of your assets and your individual family needs. We will educate you so that you can decide what type of trusts would work for you. We also provide you with instructions on how to properly fund your trust.

Contact Reid Council Law Firm to schedule your legacy building planning session. Visit http://www.reidcouncillaw.com or call (215) 258-4620 today.

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