WHAT IS A REVOCABLE LIVING TRUST?

A Revocable Living Trust is a popular alternative to Wills or having no planning done at all.  A Revocable Living Trust allows you to maintain control of your assets while you are living and will also enable you to dictate who gets your property after your death.  A Revocable Living Trust is favorable to a Will in that a Trust does not require Probate upon your death, whereas a Will still requires Probate.