When is it recommended to start your living revocable trust?

2 ⤊

When is it recommended to start your living revocable trust?

2007-03-22 09:53:08 · 3 answers · asked by Jill J 3 in Business & Finance ➔ Insurance

3 answers

Anytime you have enough assets that you don't want to see end up in probate.

2007-03-22 13:06:51 · answer #1 · answered by Faye H 6 · 2⤊ 0⤋

If you are planning to get married in the near future, I would wait until that is done. Otherwise, you should visit your CPA/Attorney to get it set up. Once it is set up, some simple maintenance will make sure that you keep it current and legal.

The only waiting I would recommend is to ask around to see who others recommend. A good referral can sometimes create a discount for you as well.

Good luck.

2007-03-24 16:03:22 · answer #2 · answered by JJ 5 · 0⤊ 0⤋

when you have assets you need to protect

2007-03-24 18:41:41 · answer #3 · answered by larsgirl 4 · 0⤊ 0⤋