Why Our Wealthiest Clients Put Everything in Their Living Trust
Why Wealthy Families Put Their Assets in a Living Trust
A revocable living trust can be the centerpiece of a comprehensive estate plan, but simply creating a trust is not enough. Your assets must also be properly titled, transferred, or coordinated with the trust for the plan to work as intended.
In this webinar, KKOS Lawyers Senior Attorney Deven Munns and Attorney Kason Smith explain why individuals, families, investors, and business owners use living trusts to avoid probate, maintain control over their assets, and create clear instructions for their loved ones.
You’ll learn:
- How a revocable living trust helps avoid probate
- Which assets should be placed in a trust
- How to coordinate a trust with LLCs, rental properties, bank accounts, retirement accounts, and vehicles
- Why properly funding your trust is essential
- How estate planning can protect minor children and special-needs beneficiaries
- What to consider when selecting a successor trustee
- The difference between estate planning and asset protection
- When an estate plan should be reviewed or updated
A properly structured estate plan can help reduce delays, expenses, uncertainty, and unnecessary court involvement after your death. It can also provide a clear succession plan for your family, businesses, investments, and other important assets.
Watch the full webinar to learn how a living trust fits into a complete estate plan and what steps you may need to take to ensure your assets are properly coordinated.
Ready to Start or Review Your Estate Plan?
Schedule a call with the KKOS Lawyers Client
Advisor Team to discuss creating a comprehensive estate plan or updating and funding an existing trust.
This webinar is provided for educational purposes only and does not constitute individualized legal advice.
