Though not a silver bullet for every situation, in appropriate circumstances, a Joint Revocable Living Trust can provide a married couple with significant benefits and simplify the administration of assets upon death or incapacity.
A Revocable Living Trust is essentially a substitute for a Will, it assigns a trustee and contains instructions of what to do with assets, it also identifies who should take over as successor trustee when the person is no longer able to serve due to death or incapacity.
Jim Higinbotham began his legal career in 1984. In October, 2006, Higinbotham Law Offices was established. For the past 25 years, he and his staff have been providing caring legal