Re: Revocable Trust

On Apr 27, 2:30 pm, "Gil Faver" <rowdy'sb...@[EMAIL PROTECTED]
> wrote:

> skipping the revocable trust all together is even less work.  What is
the
> purpose of the revocable living trust?  How can that purpose be served
if
> the assets are not transferred into it now?

Most revocable living trusts do not include ownership transfers. The
goal is to avoid probate and dictate asset use after death, not avoid
estate taxes.

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators
strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond.  For all of the other tips and suggestions, see "FROM
THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on
the
Newsgroup.