In New York and New Jersey, Revocable Trusts, also known as Living Trusts, have started to be used with greater frequency in estate planning. In a typical Revocable Trust, the creator of the trust (ie, the grantor) is also the sole beneficiary and sole trustee during his or her lifetime. This structure allows the grantor
Revocable Trusts
Estate Planning in Uncertain Times
By David J. Choyne on
Posted in Estate Planning
We often advise clients to consider any changes in their life every two to three years and determine if any adjustments need to be made to their overall estate plan to ensure that their personal and financial goals are met. However, during these uncertain times, when clients are facing potential risks to their health and…