Wills and Trusts in California: They Work Hand in Hand

One of the more popular misconceptions about estate planning is that if you create the right tool, such as a revocable living trust, you don’t need to create other tools. While having any kind of estate planning tool in place is good, relying on any one element is never something you should do. The reality is that an estate plan is like a well-crafted jigsaw puzzle. In order for you to get a complete picture, each of your pieces have to fit together with the others. This is especially true if you’re talking about a revocable living trust. Even though the trust will give you excellent estate planning benefits, it doesn’t protect you against everything that might happen. In order for your trust to work ideally, you have to create other elements, such as a pour-over will. Wills and Trusts in California Revocable Living Trust Benefits The key benefit provided by a revocable living trust is that it will allow your estate to almost completely avoid probate. Whenever someone dies and l
http://www.norcalplanners.com/blog/estate-planning/wills-and-trusts-in-sacramento-california-work-hand-hand/

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