What Is a Living Trust and Why Do You Need One?

A living trust is the backbone of your estate plan. Unlike a will, it’s private, doesn’t get filed with the state or county, and helps your family avoid probate.

With a living trust, you:
• Decide who manages your assets if something happens to you.
• Appoint trustees, guardians, and executors.
• Maintain flexibility—it’s revocable, so you can update it anytime.

Think of it as a will on steroids—the foundation of a proper estate plan.

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Видео What Is a Living Trust and Why Do You Need One? канала Mark J Kohler