Estate Planning- Are Living Trusts An Estate Planning Tool or Scam?
The Law Firm of Pozzuolo Rodden, P.C., Philadelphia Estate PlanningLawyers, announce the release of the article “Are Living Trusts An Estate Planning Tool or Scam”?
Although Living Trusts are an important estate planning tool to consider they are not a cure-all estate planning tool. They are not an absolute necessary estate planning document and, even with a living trust, other estate planning documents are required to sufficiently administer a person’s estate. Nonetheless, sales agents and trust mills market living trusts as an essential estate planning tool. They push these products onto susceptible consumers in a wholesale fashion without regard to whether a specific consumer actually benefits from a living trust. In reality, estate planning requires attention to individual needs and specific tailoring. Living trusts may or may not be part of those specific needs.
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