Downsides of a Revocable Living Trust

Learn more about the potential drawbacks of revocable trusts! Is this the right choice for you?

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[cooke]

What protects your home from creditors and lawsuits?

[deepa]

Lawyers. She is just straight up annoying. You will save way more in the end with a living trust.

[jeancasanave]

Why do you need a lawyer?. If you study enough, use clear plain language, a trust can be valid.

[jeffyoung]

But it protects you from lawyers who want ten percent of your assets thru a will

[whitacrv]

Typical lawyer. She should give everyone the downside of a will. I rather pay up front then have all my assets get a large percentage peeled off during probate, while having my children spend time in court dealing with it. Lawyers love wills, unless they're looking out for you.

[kurtjohnson]

Of course a lawyer would say you need one. Just do research.

[Michael-sr]

Nope I would rather handle everything myself with the revocable trust no one may touch it with our my signature