Revocable Living Trust
A revocable living trust is a lifetime management and transfer framework the settlor can usually amend or revoke while capable; it can support incapacity and avoid probate for properly funded assets, but it is not a stand-alone tax shelter.
- Предназначен главным образом для
- Continuity during incapacity and controlled transfer of funded assets at death.
- Управление
- The settlor retains broad control; successor authority, incapacity standard, amendment power, and co-trustee rules should be explicit.
- На что обратить внимание в первую очередь
- Leaving major assets outside
