RLT Drafting 101: General Concepts

By WealthCounsel Staff on Jan 22, 2021 10:06:26 AM


Revocable living trusts (RLT) are the bread and butter of most estate planners. If drafted correctly, RLTs can avoid the costly and time-consuming probate process and provide for a client’s spouse without disinheriting children—which can be important for clients who are in second marriages. RLTs can reduce estate taxes and protect inheritances from courts, creditors, spouses, divorce proceedings, and irresponsible spending.

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Do Not Let These Revocable Living Trust Drafting Mistakes Haunt You

By WealthCounsel Staff on Oct 30, 2020 10:00:00 AM


Halloween is in the air everywhere we look. Even with all the frightening imagery of ghouls, ghosts, and goblins, to estate planning attorneys there are things even more terrifying: legal drafting mistakes! Drafting mistakes can lead to disappointed phone calls from clients, negative online reviews, and worst of all, demand letters from the attorneys of angry children of deceased clients, followed by that dreaded call to your professional liability insurance carrier. This is truly the stuff nightmares are made of.

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