What Assets Should Be Included in Your Trust?

A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries, and it can significantly reduce the headaches of probate. However, while some assets belong in a trust, others cannot (or should not) go into one.

One of the biggest financial misconceptions is that a will ensures that your property will transfer quickly and easily to your heirs. This, however, is not the case. In this article by Kiplinger, discover while a revocable living trust may be right for you.


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Source Article: https://www.kiplinger.com/retirement/estate-planning/604051/what-assets-should-be-included-in-your-trust#:~:text=For%20a%20revocable%20living%20trust,business%20interests%20and%20other%20assets.

Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. This content is provided for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. This material is believed to be reliable, but accuracy and completeness cannot be guaranteed. Gregory Ricks & Associates is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Gregory Ricks & Associates are not affiliated companies. 1189208-01/22