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January 2016 Archives

Revocable trusts depend on grantor's capacity to change his mind

One of the most flexible tools in estate planning is a trust. A trust can protect assets from creditors and estate taxes. A trust can protect the decedent's privacy. A trust can make sure someone who cannot take care of himself has the means necessary to maintain a decent standard of living. A trust may not be able to make you a grilled cheese, but it can make sure someone makes it for you.

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