023 Revocable Living Trusts (Part 1) with Nicole Wipp
How do revocable living trusts work? In this episode, host Nicole Wipp discusses what an "RLT" is and the importance of "funding your trust" - a commonly missed step.
You will learn:
- What the primary purposes of revocable living trusts are
- What a revocable living trust does NOT do for you
- Common misunderstandings as to how this trust works
- What trust funding is and why it is critically important
In Part 2, Nicole discusses some of the options you may want to consider with revocable living trusts - options that are frequently missed. Listen to that podcast here: