Over years of estate planning practice, Bradford & Hollliman attorneys have seen trusts work well (and avoid probate) and trusts that missed the goal and didn’t avoid probate. A well-written revocable trust is just the starting point. You have to follow up and fund the trust completely in order to avoid probate and maintain the privacy a trust offers.
The following article appeared first in the Birmingham Christian Family magazine’s January 2020 issue. Make sure your estate plan is set up and funded correctly to work as expected when needed.
Oh yes, and happy new year and good luck with those resolutions!
|Avoiding Probate with Trusts|