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hey there Im Paul rabala and in this video Im going to describe five mistakes people make when they create and maintain their revocable living trust-based estate plan so many people in America establish a revocable living trust-based plan so that when they pass away their remaining assets can be distributed to their heirs or beneficiaries outside of the court and attorney involved probate process the idea is that when assets are in your name when you pass away those assets will be Frozen and your survivors must use your will hire attorneys who prepare various rounds of court pleadings and a judge oversees the management and settlement of your estate Assets in the name of your living trust avoid the court process when you pass away the successor trustee or co-trustees that you designate in your living trust instrument can immediately disperse your trust assets to your trust beneficiaries without court and lawyer involvement but mistakes do get made when people establish their living
