What Is a Living Trust Successor Trustee?

A revocable living trust can be a very valuable estate planning tool for a wide variety of individuals. You should certainly understand the facts before you decide that a trust is not for you. Many people think that they should use a last will as a vehicle of asset transfer. If you maintain direct personal possession of your property and you arrange for its distribution through the terms of a will, the estate administration process can be complex. The executor that you choose in the will would be required to admit the will to probate after your passing. Your family members would not receive their inheritances right away. The probate court would supervise the administration of the estate, and inheritances would not be distributed until after this process was completed. Depending on the circumstances, it could take a number of months, and there are complicated cases that can take years. Considerable expenses can also accumulate during the probate process. If you use a revocable living t


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