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Message ESTATE PLANNINGUNDERSTANDINGWILLSVSTRUSTSWhat is Probate?Revocable Living TrustA Contract with Primary Trustee(s) who own the Estate’s Assets. This Trust can be Updated, Amended or Terminated at any time. The Primary Trustee(s) assigns a Trustee who assumes responsibilities for managing the Trust’s Assets only after the Primary Trustee(s) become deceased or incapacitated.TYPES OF TRUSTS

ESTATE PLANNINGUNDERSTANDINGWILLSVSTRUSTSWhat is Probate?Revocable Living TrustA Contract with Primary Trustee(s) who own the Estate’s Assets. This Trust can be Updated, Amended or Terminated at any time. The Primary Trustee(s) assigns a Trustee who assumes responsibilities for managing the Trust’s Assets only after the Primary Trustee(s) become deceased or incapacitated.TYPES OF TRUSTS

ESTATE PLANNINGUNDERSTANDINGWILLSVSTRUSTSWhat is Probate?Revocable Living TrustA Contract with Primary Trustee(s) who own the Estate’s Assets. This Trust can be Updated, Amended or Terminated at any time. The Primary Trustee(s) assigns a Trustee who assumes responsibilities for managing the Trust’s Assets only after the Primary Trustee(s) become deceased or incapacitated.TYPES OF TRUSTS