A trust is one of the most widely used estate planning documents. Georgians use trusts for a variety of estate planning benefits; perhaps the most popular benefit is the ability of the grantor’s (trust creator’s) family to avoid probate. Probate is the long and somewhat-expensive legal process of closing a decedent’s estate.
Not all trusts are created equal. Estate planners have many different types of trusts at their disposal, and the type that is best for you depends on your specific goals. However, most trusts are classified as either revocable or irrevocable. The information provided below should help you decide which is more likely to accomplish your estate planning goals… READ MORE
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