One of the questions that I get is whether you need an attorney to set up a trust, and the answer is yes. I recommend that you hire an attorney to help you set up a Revocable Living Trust.
The reason for this is a trust is a complex document. And as a complex document, there are a lot of things that go into it and a lot of things to consider. If you’re not fully versed within the world of the probate law and within the tax code, you would want to rely on a trained and trusted professional to help you set up your estate plan with a Revocable Living Trust as the foundation.
Quick Question Corner is a video segment where we answer common questions about estate planning and elder law. If you have similar questions, leave them in the comment section and we can feature them in one of our videos in the future.
