The word "trust" has a bit of a mystique in the modern financial world. It's a word that everyone knows (we all know a "trust fund kid") but few people understand and even fewer understand accurately.
Trusts are both simple and complex. They're simple in concept but can be quite complex in application.
Today I share with you some basic background on trusts and trust planning.
I also share with you some thoughts regarding the use of a revocable living trust within the context of your personal estate planning.
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