Posts tagged probate.
Is a revocable trust for you? There are a number of factors for you and your attorney to consider. One considerations is the most efficient and cost-effective way to transfer assets at death to your beneficiaries. In many cases, the revocable trust is the most efficient path. A well-drafted revocable trust agreement should provide greater flexibility in carrying out the wishes of the decedent and protecting the interests of the beneficiaries.
The transfer of assets owned by someone at his death occurs through a court-supervised process generally referred to as "probate" or "estate ...
Posted in: Estate and Gift Tax, Federal Tax