A Revocable Living Trust is often a cornerstone of a well-structured estate plan. However, it's crucial to remember that life is constantly changing, and so should your Trust.

Estate planning is a vital task, and a Revocable Living Trust is often a cornerstone of a well-structured plan. However, it's crucial to remember that life is constantly changing, and so should your Trust. Periodically reviewing and updating your Revocable Living Trust is a wise move to ensure it aligns with your current circumstances and wishes. Major life events such as marriage, divorce, the birth or adoption of children, or acquiring significant assets can all necessitate revisions. Furthermore, tax laws and regulations evolve over time, so keeping your Trust up to date can help optimize your estate's distribution while minimizing tax liabilities. By making this a regular practice, you can have peace of mind that your Trust remains a robust and effective tool for preserving your legacy.

If you have questions about Revocable Living Trusts or any other aspects of estate planning, give us a call at 253.858.5434 to set up an appointment today.