A possible benefit of setting up a trust is avoiding estate taxes. Assuming that the trust is irrevocable and you relinquish control of it, it could cut down estate tax liability. But revocable trusts are still Section of the taxable estate. No, it’s not legally essential for a living trust https://jaidentxzin.blogdemls.com/38954970/5-easy-facts-about-legal-trust-services-near-me-cost-described