California Living Trust Tax Secrets Revealed Today Only
Flexibility and Control
A living trust offers flexibility in managing your assets. You can amend or revoke the trust at any time, allowing you to adapt to changes in your financial situation or family dynamics. Furthermore, you retain control over your assets while you are alive, and you can specify how and when your beneficiaries will receive their inheritance. This control can be crucial for individuals with complex family situations or specific wishes regarding asset distribution3.