A potential good thing about setting up a trust is averting estate taxes. As long as the trust is irrevocable and also you relinquish Charge of it, it could lower estate tax liability. But revocable trusts are still A part of the taxable estate. A substitute for A final will, https://what-is-a-c-trust71368.wikicommunication.com/5869413/the_best_side_of_personal_legal_plans_inc