Powers of Attorney, Trusts, and Advance Directives

How Can a Revocable Living Trust Help with Incapacity Planning?

A revocable trust can provide continuity in financial management if a trustee must step in.

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A revocable living trust can do more than direct property at death. It can also allow a successor trustee to manage trust assets if the settlor later becomes unable to manage financial affairs.

That continuity can be valuable for clients who want a smoother transition during incapacity and a more private process than court intervention.

As with any trust-based plan, the details matter. Assets generally need to be properly titled and the trust terms need to reflect the client's goals.

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